The natural employment surplus ________ be used to determine the effectiveness of discretionary fiscal policy actions because ________

A) cannot; it excludes non-discretionary spending changes
B) can; it includes non-discretionary spending changes
C) cannot; it includes non-discretionary spending changes
D) can; it excludes automatic stabilization expenditures

D

Economics

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When we graph consumption as a function of national income rather than as a function of ________, the slope of this consumption function is the ________

A) disposable income; MPC B) personal income; MPS C) disposable income; MPS D) personal income; MPC

Economics

Pollution from the U.S. Middle West may not only harm New England and Canada, it may extend to cause harm to the entire solar system

Indicate whether the statement is true or false

Economics