The slope of the consumption function is equal to the marginal propensity to save (MPS)
a. True
b. False
Indicate whether the statement is true or false
False
Economics
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The economist known for his early empirical work supporting the efficient markets hypothesis is
A) Milton Friedman. B) John Muth. C) Eugene Fama. D) Glenn Hubbard.
Economics
If an economy is $100 billion below potential, the tax rate is 20 percent, and the deficit is $180 billion, the structural deficit is:
A. $200 billion. B. $20 billion. C. $180 billion. D. $160 billion.
Economics