Suppose the marginal propensity to consume is 0.63, the marginal propensity to import equals 0.08, and personal income taxes amount to 9 percent of GDP. The spending multiplier for this economy is equal to _____

Adverse selection occurs when a sales offer attracts the kinds of customers that the seller does not want

Indicate whether the statement is true or false

Discuss the effects of the reunification of eastern and western Germany in 1990 on both Germany and its neighboring European countries

What will be an ideal response?