Which of the following increases the size of the expenditure multiplier?
A) an increase in investment
B) an increase in autonomous spending
C) a decrease in the marginal propensity to consume
D) a decrease in the marginal propensity to import
E) an increase in the marginal income tax rate
D
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Identify the correct statement
a. The United States was an international net debtor from the end of World War I until the mid-1980s. b. The United States was an international net creditor from the end of World War I until the mid-1980s. c. In 1945, the United States became an international net debtor for the first time in almost 70 years. d. In 1985, the United States became an international net creditor for the first time in almost 70 years. e. The net creditor status of the United States has grown steadily since 1985.
Total profit is maximized when marginal profit maximized.
Answer the following statement true (T) or false (F)