Changes in fiscal policy are _____effective the______ the value of the marginal propensity to consume.
A) more; larger
B) more; smaller
C) equally; larger
D) not; larger
E) less; larger
Correct Answer:
Verified
Q110: Refer to the following figure to answer
Q121: During a recession,the government's budget deficit tends
Q122: During a recession,consumption spending will tend to
Q123: If people decide to save a greater
Q124: An economy's potential output is equal to
Q128: An economy's potential output is equal to
Q131: Country Y is in the midst of
Q134: If a government increases spending by $100
Q137: According to the table, the value
Q140: Say that the value of the marginal
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents