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Author Question: If consumption spending is the only variable of aggregate expenditure dependent on income, the ... (Read 67 times)

gonzo233

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If consumption spending is the only variable of aggregate expenditure dependent on income, the multiplier is MPC/(1 - MPC).
 a. True
  b. False
  Indicate whether the statement is true or false

Question 2

Which of the following taxes are more easier to collect in industrial countries than in developing countries?
 a. Sales tax
  b. Capital gains tax
  c. Personal income tax
  d. Business tax
  e. Export tax



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Zack0mack0101@yahoo.com

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Answer to Question 1

False

Answer to Question 2

c




gonzo233

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Reply 2 on: Jun 30, 2018
Thanks for the timely response, appreciate it


fatboyy09

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Reply 3 on: Yesterday
Great answer, keep it coming :)

 

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