The tax multiplier equals 1 ? spending multiplier

a. True
b. False
Indicate whether the statement is true or false


True

Economics

You might also like to view...

Marginal benefit curves slope ________ and marginal cost curves slope ________

A) upward; upward B) upward; downward C) downward; downward D) downward; upward

Economics

Which type of firm produces the largest share of manufacturing output?

A) proprietorships only B) partnerships only C) corporations only D) Proprietorships and corporations are tied.

Economics

When the price curve is a horizontal line, it always coincides with all of the following except

a. MR b. TR/Q c. AR d. change in total revenue divided by change in output e. TC

Economics

At point A,  

A. MC = MR. B. The firm would do worst by shutting down. C. MC > MR. D. The firm is making positive economic profit.

Economics