Comparing the simple Keynesian model with the IS-LM model, in the IS-LM model
a. the government spending multiplier is larger.
b. the balanced budget multiplier is larger.
c. the tax multiplier is smaller.
d. there is no difference between any of the multipliers.Figure 7-2
C
Economics
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Under the dual labor market theory, expansion of economic activity in the primary market will benefit workers in the secondary market
Indicate whether the statement is true or false
Economics
Which of the following increases the chance of Americans accumulating a large amount of wealth during their lifetimes?
a. Starting to save money early in life b. Investing in the stock market c. Paying bills with cash d. Graduating from high school
Economics