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Author Question: The tax multiplier is calculated as 1 / (1 - b). Indicate whether the statement is true or ... (Read 60 times)

anjilletteb

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on: Jun 30, 2018
The tax multiplier is calculated as 1 / (1 - b).
 
  Indicate whether the statement is true or false

Question 2

Most economists agree with which of the following?
 
  A) Passive policymaking is likely to exert sizable long-run effects on real GDP.
  B) Active policymaking is likely to exert sizable long-run effects on real GDP.
  C) Active policymaking is unlikely to exert sizable long-run effects on real GDP.
  D) none of the above


momolu

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

FALSE

Answer to Question 2

C


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