Author Question: If consumption spending is the only variable of aggregate expenditure dependent on income, the ... (Read 66 times)

gonzo233 · **on:** Jun 30, 2018

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