As the purchasing power of wealth increases, saving decreases
Indicate whether the statement is true or false
TRUE
Economics
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Political considerations are unimportant to an understanding of tax policy
a. True b. False
Economics
At any given time, about 95% of the population in the United States lacks health insurance.
A. True B. False C. Uncertain
Economics
Government action can cause a significant market demand shift.
Answer the following statement true (T) or false (F)
Economics
If the marginal propensity to save is 0.3, the size of the multiplier is:
A. 0.7. B. 3.3. C. 1.3. D. 2.3.
Economics