If the government spending multiplier is 10, then the tax multiplier
A. is -4.
B. is -5.
C. is -9.
D. cannot be determined because the MPS is not given.
Answer: C
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Non-traded securities are part of
A) direct but not indirect finance. B) indirect but not direct finance. C) direct and indirect finance. D) neither direct nor indirect finance.
Which of the following methods of generating federal government revenue was first introduced during the Civil War?
a. the personal income tax b. inflationary finance c. import tariffs d. bond sales
Alex's production is worth $60 and Harry's is worth $40 . They decide to form a coalition and produce together such that their combined production is worth $135 . What is the maximum benefit Alex can earn while ensuring Harry does not leave the coalition?
a. $75 b. $96 c. $77.5 d. $94
A prolonged period of drought will shift the long-run aggregate supply curve to the right
a. True b. False Indicate whether the statement is true or false