Exam 11: Fiscal Policy

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The two factors that determine the size of the multiplier are the

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What is the multiplier effect?

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President Obama signed legislation that pumped $787 million worth of federal spending and tax cuts into the economy.

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In 1955,the marginal tax rate for a married couple with a taxable income over $400,000 was

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__________ originally proposed the use of government spending to stimulate the economy in the 1930s during the Great Depression.

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