Author Question: A decrease in the price level in an economy implies that _____. a. the spending multiplier will be ... (Read 222 times)

Sufayan.ah · **on:** Jun 30, 2018

A decrease in the price level in an economy implies that _____.
a. the spending multiplier will be equal to the marginal propensity to consume
b. there will be an increase in investment
c. there will be a decrease in investment
d. the value of the spending multiplier will be equal to one
e. the value of the spending multiplier will be equal to zero

Question 2

Debit cards are safer than credit cards because debit cards generally require a PIN number.
a. True
b. False
Indicate whether the statement is true or false