Refer to Table 23-3. Given the consumption schedule in the table above, the marginal propensity to consume is

To optimally deter crime, law enforcement authorities should:

A) set higher fines for crimes that have a lower probability of being caught. B) set the fine equal to the expected benefit, even if it is difficult to catch the offenders. C) ignore the probabilities of catching offenders and attempt to prevent crime at all costs. D) set very high fines regardless of the probability that an offender is caught.

Automatic stabilizers do not include

a. taxes b. interest rates c. transfer payments d. forward-looking behavior e. enhancing the multiplier effect