An increase in the income tax rate ________ the value of the tax multiplier
A) decreases B) increases
C) has no effect on D) may increase or decrease
A
Economics
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The delay between when a problem is recognized and when policy action is taken is referred to as the
A) recognition lag. B) action lag. C) effectiveness lag. D) policy lag.
Economics
The saving function shows the relationship between planned real saving and
A) real wealth. B) real disposable income. C) the average propensity to save. D) the marginal propensity to save.
Economics