Refer to the information. The introduction of $80 billion of government spending would:
The following information is for a closed economy:
A. lower the multiplier from 2.5 to 2.0.
B. increase the multiplier from 2.5 to 3.0.
C. increase the multiplier from 2.0 to 2.5.
D. have no effect on the size of the multiplier.
D. have no effect on the size of the multiplier.
Economics
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Compared to IACs, LDCs are often characterized by:
a. higher life expectancy. b. higher adult literacy rates. c. higher daily calorie supply. d. lower per capita energy consumption.
Economics
The inability of Congress to pass a stimulus package after September 11, 2001, could be used as an argument for
a. activist fiscal policy. b. activist monetary policy. c. expansionary fiscal policy. d. contractionary monetary policy.
Economics