The greater the marginal propensity to consume in the economy, the smaller the spending multiplier.
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Q180: The marginal propensity to consume (MPC) is
Q181: Supply-side fiscal policies focus on improving the
Q182: The tax multiplier equals 1 − spending
Q183: Supply-side economic policies are designed to shift
Q184: The Laffer curve represents the relationship between
Q186: If the marginal propensity to consume is
Q187: The size of the spending multiplier depends
Q188: The size of the spending multiplier depends
Q189: The tax multiplier is equal to the
Q190: The presence of the automatic stabilizers means
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