When taxes depend on income, a higher tax rate implies a higher government spending multiplier.

"Fixed exchange rates are not even an option for most countries." Discuss

What will be an ideal response?

An increase in demand and a decrease in supply cause which of the following?

a. Equilibrium price change is indeterminate. b. Equilibrium quantity decreases. c. Equilibrium price falls. d. Equilibrium price rises. e. Equilibrium quantity increases.