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Tidy Tidy
wrote...
Posts: 4852
9 years ago
The tax multiplier is smaller in absolute value than the government purchases multiplier because some portion of the
A) decrease in taxes will be saved by households and not spent, and some portion will be spent on imported goods.
B) decrease in taxes will be saved by households and not spent, and some portion will be spent on consumer durable goods.
C) increase in government purchases will be saved by households and not spent, and some portion will be spent on imported goods.
D) increase in government purchases will be saved by households and not spent, and some portion will be spent on consumer durable goods.
Textbook 
Essentials of Economics

Essentials of Economics


Edition: 4th
Authors:
Read 313 times
1 Reply
Repeat after me: 'Calm down. Things are gonna be fine. Things are gonna be all great. Just relax.' Wink Face
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SydnieSydnie
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Posts: 3807
9 years ago
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Tidy Author
wrote...

9 years ago
Smart ... Thanks!
wrote...

Yesterday
Thank you, thank you, thank you!
wrote...

2 hours ago
Good timing, thanks!
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