The value of the multiplier changes if the ________ changes
i. marginal tax rate
ii. marginal propensity to import
iii. marginal propensity to consume
A) i only B) ii only C) iii only D) i and iii E) i, ii, and iii
E
You might also like to view...
If European economies enter a recession,
A) U.S. aggregate demand decreases and the U.S. AD curve shifts rightward. B) the quantity of real GDP demanded in the United States decreases and there is a movement down along the U.S. AD curve. C) U.S. aggregate demand decreases and the U.S. AD curve shifts leftward. D) the quantity of real GDP demanded in the United States increases and there is a movement up along the U.S. AD curve. E) U.S. aggregate demand increases and the U.S. AD curve shifts rightward.
Early American manufacturers were particularly concerned about minimizing:
a. raw material costs. b. labor costs. c. state-levied taxes on profits. d. energy costs.