The equation for the tax multiplier is

a. 1
b. MPS/(1 - MPC)
c. (1 - MPC)/MPC
d. (1 - MPC)/MPC
e. MPC/(1 - MPC)

E

Economics

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An oligopoly firm with a differentiated product will generally earn the largest profits without advertising

a. True b. False Indicate whether the statement is true or false

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