Fiscal policy is the management of aggregate demand through changes in taxes and government spending

a. True
b. False
Indicate whether the statement is true or false

True

Economics

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Tax multiplier:

What will be an ideal response?

Economics

The United States is a leading exporter of wheat. What explains the comparative advantage of the United States in wheat production?

A) a large supply of unskilled labor B) positive externalities C) investment by multinational firms such as Archer-Daniels-Midland and Tyson Foods Inc. D) climate and soil conditions in the United States which are well-suited for wheat production

Economics