Based on the production data for Pat's Pizza Parlor in the above table, the marginal product of the 4th worker is ________ pizzas

The crowding-out effect indicates that increased government borrowing will lead to:

a. an increase in consumption by households and an increase in investment spending by firms. b. an increase in consumption by households and a decrease in investment spending by firms. c. a decrease in consumption by households and an increase in investment spending by firms. d. a decrease in consumption by households and a decrease in investment spending by firms.

Which of the following is an example of an indirect tax?

A. Value-added tax B. Income tax C. Inheritance tax D. Head tax