If the government decreases spending and taxes by 1,000 units and the marginal propensity to consume is .9, then
a. more information is needed.
b. output will decrease by 900.
c. output will decrease by 10,000.
d. output will increase by 10,000.
C
Economics
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Deregulation, especially for the transportation and telecommunication industries, was the trend in the United States during the:
a. 1930s. b. 1950s. c. 1970s. d. 1980s.
Economics