The tax multiplier is smaller than the income multiplier
Indicate whether the statement is true or false
T
Economics
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U.S. imports are
a. not added to U.S. GDP because they are produced abroad b. added to U.S. GDP because they are consumed domestically c. added to U.S. GDP because they represent an increase in inventories d. added to U.S. GDP as government purchases because the government decides what goods may be imported e. not added to U.S. GDP because they are intermediate goods
Economics
Why would a member of a cartel cheat?
What will be an ideal response?
Economics