The expenditure multiplier acts on changes in investment spending, government purchases, net exports, and autonomous consumption
a. True
b. False
A
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The relationship between annual real per-capita GDP and corruption across countries has been found to be
A) negative. B) positive. C) The relationship was negative in the late 1960s but is now positive. D) The relationship was in the late 1960s but is now negative. E) There is no relationship between these two variables.
Between 1810 and 1850, the U.S. population living in the trans-Appalachian states increased significantly
Indicate whether the statement is true or false
The huge national debt of the United States is likely to lead to bankruptcy of the national government
a. True b. False Indicate whether the statement is true or false
We define autonomous expenditure to be expenditure that:
A. is unaffected by the current level of income in the economy. B. that changes under the guidance of the government. C. depends on how much income changes in the economy. D. people make that pertains to the auto industry.