Suppose that a $4 billion increase in government spending increases Real GDP by $60 billion, and that a $3 billion tax reduction increases Real GDP by $68 billion. In this situation, the tax multiplier is _______________ the government spending multiplier

A) less than
B) greater than
C) equal to
D) none of the above

Economics

What are three major ways that corporations can cope with the principal-agent problem?

What will be an ideal response?

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Economics

Equilibrium in the foreign exchange market implies equilibrium in the balance of payments

Indicate whether the statement is true or false

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Economics