If planned injections increase by $100 per day and the MPC is four-fifths,

a. the multiplier will be 5.
b. total daily spending will ultimately increase by $150.
c. the MPS will be $25.
d. All of these.

a. the multiplier will be 5.

Economics

Economists refer to a holdout as someone who refuses to produce a pure public good with private funds

Indicate whether the statement is true or false

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What does the productivity of an input measure?

What will be an ideal response?

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Economics