The larger the marginal propensity to save, other things constant, _____.

The larger the marginal propensity to save, other things constant, _____.
 a. the larger the marginal propensity to consume
  b. the larger the multiplier
 c. the flatter the consumption function
 d. the flatter the saving function
 e. the steeper the consumption function

QUESTION 2

The Coase Theorem states that there is different ways to assign property rights if the private sector is to achieve environmental efficiency.
 a. True
  b. False
  Indicate whether the statement is true or false

QUESTION 3

The primary tool the Fed uses to control the money supply today is:
 a. the discount rate.
 b. the required reserve ratio.
  c. the discount window.
 d. chartering.
 e. open market operations.

QUESTION 4

The smaller the marginal propensity to save, other things constant, _____.
 a. the smaller the marginal propensity to consume
  b. the smaller the multiplier
 c. the flatter the consumption function
 d. the steeper the consumption function
 e. the steeper the saving function

QUESTION 5

The Coase Theorem states that the public sector can achieve environmental efficiency, as long as property rights are clearly assigned.
 a. True
  b. False
  Indicate whether the statement is true or false

QUESTION 6

The Fed's purchase of U.S. government securities constitutes a(n):
 a. contractionary policy because it lowers the amount of total reserves in the banking system.
  b. contractionary policy because it lowers the amount of excess reserves in the banking system.
  c. expansionary policy because it raises the amount of total reserves in the banking system.
  d. expansionary policy because it lowers the amount of total reserves in the banking system.
  e. expansionary policy because it raises the amount of required reserves in the banking system.

QUESTION 7

The smaller the marginal propensity to save, other things constant, _____.
 a. the smaller the marginal propensity to consume
  b. the larger the marginal propensity to consume
  c. the smaller the multiplier
 d. the flatter the consumption function
 e. the steeper the saving function

QUESTION 8

Effluent taxes are not the most common approach used to control pollutants in the United States.
 a. True
  b. False
  Indicate whether the statement is true or false