The ultimate goal is ____________ which is a form of growth wherein societal needs, present and future, are met

If the tax multiplier is -1.5 and a $200 billion tax increase is implemented, what is the change in GDP, holding everything else constant? (Assume the price level stays constant.)

A) a $300 billion decrease in GDP B) a $30 billion increase in GDP C) a $300 billion increase in GDP D) a $133.33 billion increase in GDP E) a $133.33 billion decrease in GDP

The Federal Reserve System is a government insurance agency that provides depositors in participating banks 100 percent coverage on their first $100,000 of deposits

Indicate whether the statement is true or false