The various studies of the size of the fiscal multiplier by different economists suggest
A) general agreement that the fiscal multiplier value is relatively high.
B) general agreement that the fiscal multiplier value has a range between 0.8 and 1.2.
C) general agreement that the fiscal multiplier value is zero.
D) there is a wide range of opinion on the size of the fiscal multiplier.
Correct Answer:
Verified
Q102: Which of the following statements is true
Q103: Which of the following statements is true
Q104: Some economists argue that
A) discretionary monetary policy
Q105: Suppose the government increases government purchases and
Q106: Crowding out occurs when expansionary fiscal policy
Q108: Which of the following statements is true?
A)
Q109: If private sector investment does not respond
Q110: When contractionary fiscal policy leads to
A) less
Q111: Expansionary fiscal policy leads to
A) lower interest
Q112: An expansionary fiscal policy is likely to
A)
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