The overall increase in GDP that results from a $1 cut in taxes is called
A) The government spending effect.
B) The tax multiplier.
C) The fiscal multiplier.
D) The base multiplier.
Correct Answer:
Verified
Q14: The portion that households spend of each
Q15: The overall boost to economic activity that
Q16: In the short term,an increase in government
Q17: President Obama signed legislation that pumped $787
Q18: An increase in government spending in the
Q20: The amount of government debt is called
Q21: An increasing budget deficit stimulates the economy
A)
Q22: In 2010,federal,state,and local governments spent an estimated
A)
Q23: The government's decisions about spending and taxation
Q24: Government spending is funded by a system
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