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.
Blood-typing and cross-reactions: The blood type depends on the presence of surface antigens (agglut
The effective temperature, or black body temperature, of the Sun (5777 K) is the temperature a black
True Forget-Me-Not
A recruiting poster for the “True Sons of Freedom” encouraged African Americans to enlist. In fact,
People with night eating syndrome may consume more than half their day's calories between 8 pm ...
Human mitotic metaphase chromosomes are identified by size, centromere location, and banding pattern