Author Question: The size of the spending multiplier depends on the marginal propensity to consume (MPC). a. True ... (Read 60 times)

silviawilliams41

  • Hero Member
  • *****
  • Posts: 560
The size of the spending multiplier depends on the marginal propensity to consume (MPC).
 a. True
  b. False
  Indicate whether the statement is true or false

Question 2

Which of the following best describes the idea of a political business cycle?
 a. Politicians have a bias to cut taxes and increase government spending.
  b. Special interests result in alternating federal deficits.
  c. Politicians will use fiscal and monetary policy to cause output, real incomes, and employment to be rising prior to elections.
  d. Good intentions of politicians influence the business cycle.



mtmmmmmk

  • Sr. Member
  • ****
  • Posts: 335
Answer to Question 1

True

Answer to Question 2

c



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

Medication errors are more common among seriously ill patients than with those with minor conditions.

Did you know?

Earwax has antimicrobial properties that reduce the viability of bacteria and fungus in the human ear.

Did you know?

The familiar sounds of your heart are made by the heart's valves as they open and close.

Did you know?

There are actually 60 minerals, 16 vitamins, 12 essential amino acids, and three essential fatty acids that your body needs every day.

Did you know?

The Centers for Disease Control and Prevention (CDC) was originally known as the Communicable Disease Center, which was formed to fight malaria. It was originally headquartered in Atlanta, Georgia, since the Southern states faced the worst threat from malaria.

For a complete list of videos, visit our video library