The period of time between when monetary policy is enacted and when it actually begins to affect the economy is called the

Calculate the government purchases multiplier if the marginal propensity to consume equals 0.8, the tax rate is 0.1, and the marginal propensity to import equals 0.2

A) 2.1 B) 1.9 C) 1.7 D) 1.4

Use the figure below to answer the following question.What area represents tax revenue after the government imposes the excise tax on the market?

A. triangle abc B. triangle $1c$9 C. triangle $21a$13 D. square $13ac$9