David tunes pianos in his spare time for extra income. Buyers of his service are willing to pay $135 per tuning. One particular week, David is willing to tune the first piano for $115, the second piano for $125, the third piano for $140, and the fourth piano for $175 . Assume David is rational in deciding how many pianos to tune. His producer surplus is

Describe some of the potential problems with using expansionary fiscal policy

What will be an ideal response?

Changes in government spending

A. are an indirect component of the expenditures schedule. B. have a different multiplier effect than changes in business investment spending. C. are a direct component of the expenditures schedule and have the same multiplier effect as changes in business investment spending. D. do not have an effect on spending if they are matched by tax changes.