Property taxes in the U.S. are ________

When the marginal propensity to consume foreign imports (MPCF) rises, ceteris paribus, what happens to the trade balance?

a. It increases. b. It decreases. c. It depends on what happens to the MPC of domestic goods. d. It will not change.

The Fed sometimes works to partly offset or even neutralize the effects of fiscal policy with monetary policy

a. True b. False Indicate whether the statement is true or false