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Ao9 Ao9
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8 years ago
The total government expenditure multiplier is less than one because
A) the marginal propensity to consume is less than one.
B) investment demand falls dramatically when the government goes into debt.
C) government expenses affect labor demand.
D) labor supply reacts to interest rate changes and consumption demand is affected by taxes.
Textbook 
Macroeconomics

Macroeconomics


Edition: 5th
Author:
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GordisGordis
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8 years ago
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Ao9 Author
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#2
8 years ago
Wow!!
wrote...
#3
8 years ago
Please mark it solved once you get a chance.
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