When the MPC gets smaller, the spending multiplier:
a. gets larger.
b. gets smaller.
c. stays the same.
d. gets smaller at low real GDP, and larger at high real GDP.
e. gets larger at low real GDP, and smaller at high real GDP.
b
Economics
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The Depository Institutions Deregulation and Monetary Control Act of 1980
A) separated investment banks and commercial banks. B) restricted the use of ATS accounts. C) imposed restrictive usury ceilings on large agricultural loans. D) increased deposit insurance from $40,000 to $100,000.
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The only lasting solution to the welfare problem will have to come from welfare reform alone
Indicate whether the statement is true or false
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