If the MPS is 0.1 and the income tax rate is 0.33 the multiplier, k, is approximately

A) 2.5.
B) 2.0.
C) 10.
D) 3.

A

Economics

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What is the pattern of exports and imports in China and India?

A) Exports are heavily subsidized through government policy. B) Many barriers to imports exist. C) Exports and imports are tied together, with exports depending on imported inputs and technology. D) Imports are not important to either nation's economy.

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Commercial banks in the United States can be chartered

a. by state governments and the federal government b. only by state governments c. only by the federal government d. only by the nationally chartered bank in Washington, D.C. e. only by the Federal Reserve

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