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Author Question: A given change in either someone's income or net taxes would have a greater effect on their ... (Read 47 times)

strangeaffliction

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on: Jun 30, 2018
A given change in either someone's income or net taxes would have a greater effect on their consumption spending the greater their MPC.
 a. True
  b. False
  Indicate whether the statement is true or false

Question 2

A major benefit of automatic stabilizers is that they:
 a. guarantee a balanced budget over the course of the business cycle.
  b. have a tendency to reduce the national debt.
  c. help increase recessionary gaps in the economy.
  d. moderate the effect of fluctuations in the business cycle.
  e. require legislative review by Congress before they can be implemented.


Kdiggy

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Reply #1 on: Jun 30, 2018
Answer to Question 1

True

Answer to Question 2

d


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