What is the government purchases multiplier if the tax rate is 0.1 and the marginal propensity to consume is 0.9? Assume the economy is closed
A) 5.3 B) 10 C) 11.1 D) 100
A
Economics
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New information ought not to influence economic decision-making if ________
A) consumers rely on rational expectations B) monetary policy changes C) monetary and/or fiscal policy changes D) that information has already been anticipated
Economics
Explain why current account deficits may or may not be harmful to a country
What will be an ideal response?
Economics