When a central bank sells bonds, cash reserves throughout the financial system increase, interest rates fall, and investment spending increases

If the expenditure multiplier is 6.5, the tax multiplier is

a. 7.5 b. 5.5 c. -5.5 d. -6.5 e. -7.5

For the monopolistic competitor, MR = P

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