Changes in government spending and changes in net exports have __________ multiplier effects than changes in investment spending.
A) smaller
B) larger
C) the same
D) at first,smaller,but later,larger
Correct Answer:
Verified
Q135: When taxes are decreased,disposable income _ and
Q152: John Maynard Keynes advised U.S. President Franklin
Q153: Disposable income equals:
A) income minus government spending.
B)
Q159: Which two countries currently have the highest
Q162: Suppose the government is mandated by law
Q169: If the marginal propensity to consume is
Q174: Assume that the economy is at equilibrium
Q185: Suppose full employment real GDP is $12
Q195: The paradox of thrift suggests that when
Q230: According to Keynes, as income grows
A) consumption
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents