The balanced-budget multiplier is equal to
A) 1.
B) the reciprocal of the increase in government expenditures.
C) the percentage increase in taxes.
D) the percentage increase in government expenditures.
A
Economics
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Points outside the production possibilities frontier represent
a. unemployment of resources b. inefficient use of resources c. combinations that are attainable only if all resources are used fully and efficiently d. currently unattainable combinations of outputs e. the only currently attainable combinations from which society must choose
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The corporate form of business allows a more efficient way to manage risk relative to
A) proprietorships. B) partnerships. C) other non-corporate forms of business. D) all of these choices.
Economics