If the marginal propensity to consume (MPC) is 0.8, the multiplier is
A) 0.8. B) 5.0. C) 1.2. D) 0.2.
B
Economics
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The Trans-Pacific Partnership (TPP) is an agreement between the United States and ________ that was meant to reduce trade barriers
A) South America B) the European Union C) China D) eleven other countries
Economics
Most loopholes in the income tax system
a. are more likely to be exploited by the wealthy. b. make it more progressive. c. were created by the tax reforms instituted in 1986. d. do not affect the economic decisions of the people who benefit from them.
Economics