Which of the following affects the magnitude of the multiplier?
i. marginal propensity to consume
ii. marginal propensity to invest
iii. marginal tax rate
A) i only B) ii only C) iii only D) i and iii E) i, ii, and iii
D
Economics
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Suppose a new employee is promised a pension payment of $8000 in the twenty-fourth year after joining the firm. The current pension contribution is $1200 a year. Assuming a six percent rate of return, their pension plan is said to be
A) fully funded. B) partly funded. C) unfunded. D) fully vested.
Economics
When a binding price floor is placed on a good, some suppliers who want to sell the good cannot do so
a. True b. False Indicate whether the statement is true or false
Economics