The tax multiplier is ________ than the expenditures multiplier. This is because with the ________ multiplier a portion of the change is used for savings, but with the ________ multiplier, real GDP is impacted by the full amount of the change.

The primary source of scale diseconomies appears to be

a. a firm's inability to acquire quality resources b. too little demand for the firm's product c. consumers who resist dealing with large firms d. division of labor e. the organizational difficulties of managing an ever larger enterprise

Efficiency is an important goal because when markets are efficient:

A. there are more resources available to achieve other goals. B. there is no need for government intervention in the economy. C. the poor benefit more than the wealthy. D. there is less income inequality.