The greater the marginal propensity to consume in the economy, the smaller the spending multiplier
a. True
b. False
Indicate whether the statement is true or false
False
Economics
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Government-produced goods are added to GDP at
a. their market value. b. the value they have to their users. c. the value of the inputs used to produce them. d. the value Congress places on them.
Economics
In a bilateral monopoly, the wage rate that is determined in the market
A) is equal to MFC. B) is equal to MRP. C) is indeterminate. D) is the same as in a perfectly competitive market.
Economics