The multiplier effect on aggregate demand of a tax cut is less than the multiplier effect of an equal increase in government spending
Indicate whether the statement is true or false
true
Economics
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If a firm accumulates unwanted inventories, then it
A) must hire more workers. B) will increase its production. C) has actual investment equal to its planned investment. D) will decrease its production. E) has actual investment that is less than its planned investment.
Economics
Which of the following is NOT a benefit of international trade?
A) It increases overall output. B) It results in a transmission of ideas. C) It promotes self-sufficiency. D) It results in the transmission of new processes.
Economics