The expenditure multiplier acts on changes in investment spending, government purchases, net exports, and autonomous consumption

a. True
b. False

A

Economics

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A household's reservation wage is the ________

A) lowest wage rate at which the household will supply labor B) wage at which the household's labor supply curve bends backward C) wage rate at which the household's income is largest D) highest wage rate at which the household will supply labor

Economics

As a percentage of total expenditures, spending on highways has _____ since 1970 . Spending on interest payments has _____ over the same time span

a. increased; increased b. decreased; decreased c. increased; decreased d. decreased; increased

Economics