Multiple Choice
In light of the economic crisis in 2008, Barack Obama has been advised by some economists to lower income taxes. This change would
A) decrease the MPC and increase the multiplier.
B) increase the MPC and the multiplier.
C) decrease the MPC and decrease the multiplier.
D) increase the MPC and lower the multiplier.
Correct Answer:
Verified
Correct Answer:
Verified
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