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NYC NYC
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8 years ago
If the tax multiplier is -2 and taxes are increased by $20 billion, output:
A) increases by $10 billion.
B) increases by $40 billion.
C) falls by $40 billion.
D) falls by $10 billion.
Textbook 
Principles of Macroeconomics

Principles of Macroeconomics


Edition: 11th
Authors:
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JesslynJesslyn
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8 years ago
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NYC Author
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#2
8 years ago
I was thinking the same, thank you
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