A reduction in the marginal propensity to import will cause
A) the multiplier to increase and a given change in government spending (G) to have a larger effect on domestic output.
B) the multiplier to increase and a given change in government spending (G) to have a smaller effect on domestic output.
C) the multiplier to decrease and a given change in government spending (G) to have a larger effect on domestic output.
D) the multiplier to decrease and a given change in government spending (G) to have a smaller effect on domestic output.
Question 2
The Phillips curve shows that when the unemployment rate is higher than the natural rate,
A) inflation is higher than expected.
B) inflation is lower than expected.
C) policy rate is higher than expected.
D) policy rate is lower than expected.
Laboratory mice demonstrate that genetic differences can have profound effects on the propensity to
The Increase in Divorce
IPCC Temperature Increase Predictions Relative to 1986-2005
standard reduction potential (Eo), the greater the tendency of the oxidized form of a redox couple
Increase in rainfall on continents
Increase in Obesity among U.S. Children and Adolescents