If the MPC is 0.6 and there are no imports or income taxes, the multiplier is

How would budget deficit reduction through reduced government spending affect economic growth?

a. It would not affect economic growth because the budget deficit and economic growth are unrelated. b. It would stimulate economic growth. c. It would hinder economic growth. d. It would not affect economic growth because the positive and negative effects of deficit reduction would cancel each other out. e. It depends on which government programs are cut to achieve deficit reduction.

An import quota is the same as an import ban.

Answer the following statement true (T) or false (F)