Multiple Choice
Of the following fiscal programs,which has the smallest effect,per dollar,on aggregate demand?
A) defense spending
B) road construction
C) grants for scientific research and development
D) Social Security
E) government purchases of labor
Correct Answer:

Verified
Correct Answer:
Verified
Q7: In which of the following ways does
Q8: Exhibit 11-5 <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB4914/.jpg" alt="Exhibit 11-5
Q9: A $200 increase in government purchases has
Q10: Which of the following is a component
Q11: The simple tax multiplier is<br>A)1/MPC<br>B)1<br>C)1/(1 - MPC)<br>D)MPC/(1
Q13: The introduction of a $100 autonomous net
Q14: If autonomous net taxes increase by $200
Q15: The simple tax multiplier must always be
Q16: Exhibit 11-5 <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB4914/.jpg" alt="Exhibit 11-5
Q17: If the government increases its purchases by