The multiplier for government spending is the same as the

A) multiplier for autonomous consumption. B) marginal propensity to save.
C) marginal propensity to import. D) tax multiplier.

A

Economics

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At levels of GDP above full employment, the federal budget would usually be in a deficit position

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

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Producer surplus is

a. measured using the demand curve for a good. b. always a negative number for sellers in a competitive market. c. the amount a seller is paid minus the cost of production. d. the opportunity cost of production minus the cost of producing goods that go unsold.

Economics