The tax multiplier is greater than the spending multiplier regardless of the value of the marginal propensity to consume (MPC)
a. True
b. False
Indicate whether the statement is true or false
False
Economics
You might also like to view...
Fear of floating is:
A) when the benefits of floating exchange rates outweigh the costs. B) when the attractions of fixed exchange rates are large relative to those of floating. C) when countries adopt the gold standard. D) when countries say they are floating, but fix their exchange rates in practice.
Economics
Without any change in the supply of labor, how will shifts in the demand for labor affect equilibrium wage and employment?
What will be an ideal response?
Economics