Solved

If People Decide to Save a Greater Percentage of Their

Question 163

Multiple Choice

If people decide to save a greater percentage of their incomes,then the value of the spending multiplier will ________ and changes in government spending will have ________ impact on gross domestic product (GDP) .


A) decrease; a larger
B) decrease; a smaller
C) increase; a larger
D) not change; the same

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Q158: Recognition lag,implementation lag,and impact lag are all

Q159: Income tax revenue is calculated by<br>A) tax

Q160: Expansionary fiscal policy leads to<br>A) decreases in

Q161: Refer to the following figure to answer

Q162: Which of the following is an example

Q164: Politicians who always advocate for tax rate

Q165: Answer the following questions using an aggregate

Q166: Name and describe the three different time

Q167: An economy's potential output is equal to

Q168: Supply-side fiscal policy explains how taxes and