In the IS-LM model, the fiscal multiplier effect can be increased by
A) larger increases in government expenditure.
B) expansions of the money supply.
C) contractions of the money supply.
D) raising the income tax rate.
B
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How is the unemployment rate calculated? Include in your answer the process by which the U.S. Census Bureau classifies the data it collects in its Current Population Survey
What will be an ideal response?
A corporation is limited to how many owners?
A) 1 B) 2 C) less than 10 D) There is no limit to the number of owners.
Consumption is $5 million, planned investment spending is $8 million, government purchases are $10 million, and net exports are equal to $2 million. If GDP during that same time period is equal to $23 million, what unplanned changes in inventories occurred?
A) There was an unplanned decrease in inventories equal to $2 million. B) There was an unplanned decrease in inventories equal to $19 million. C) There was an unplanned increase in inventories equal to $2 million. D) There was no unplanned change in inventories.
A monopoly's demand curve for labor
A) is below that of a competitive market. B) is the same as that of a competitive market. C) is above that of a competitive market. D) equals p ? MPL.