Author Question: Secured and enforced individual property rights provide individuals with incentive to allocate ... (Read 57 times)

bclement10 · **on:** Jun 30, 2018

Secured and enforced individual property rights provide individuals with incentive to allocate resources efficiently and effectively, advance technologically, take on strategic risks and trade domestically and internationally.

Indicate whether the statement is true or false

Question 2

The total government expenditure multiplier is less than one because

A) government expenses affect labor demand.
B) labor supply reacts to interest rate changes and consumption demand is affected by taxes.
C) investment demand falls dramatically when the government goes into debt.
D) the marginal propensity to consume is less than one.