________ extracts the maximum amount each customer is willing to pay for a product.

The price of input goods changes due to _____________ or _______________ for that particular good.

Fill in the blank(s) with the appropriate word(s).

If the value of a government-taxation multiplier is 1.8, which of the following is likely to be true if all other variables remain unchanged?

A) A $1.80 increase in taxation increases gross domestic product by $1.80. B) A $1 reduction in taxation increases gross domestic product by $1.80. C) A $1 increase in taxation increases gross domestic product by $1.80. D) A $1.80 reduction in taxation increases gross domestic product by $1.80.