Jim has a choice between two jobs. Job A would pay him $15 an hour with certainty, and the job B is commission based where he could earn $12, with a 50% probability and $18 with a 50% probability. Which job would he choose?

Describe the differences (in sign and relative magnitude) between the government purchases multiplier and the tax multiplier

What will be an ideal response?

Karl Marx envisioned communism as an economic system that blends the best elements of capitalism and socialism

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