Find the tax multiplier if the MPC is 0.75

Which of the following correctly identifies an argument against globalization?

A) Globalization limits the bundle of goods and services available in smaller countries. B) Globalization leads to an exploitation of developed countries. C) Globalization can lead to a loss of indigenous culture and tradition. D) Globalization works against free trade.

The economy is currently experiencing

A) inflation B) recession C) expansion D) stagflation E) rapid growth