Multiple Choice
The overall increase in GDP that results from a $1 cut in taxes is called
A) The government spending effect.
B) The tax multiplier.
C) The fiscal multiplier.
D) The base multiplier.
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q17: In the short term,an increase in government
Q18: The total of all past government borrowing,minus
Q19: The Keynesian recommendation for a policy response
Q20: An increase in government spending in the
Q21: In 2010,federal,state,and local governments spent an estimated<br>A)
Q23: What is the definition and purpose of
Q24: The federal government's budget deficit _ between
Q25: The time it takes to recognize a
Q26: The single biggest federal tax is the<br>A)
Q27: In the short term,a decrease in taxes