Which of the following statements is incorrect?
A. Given the economy's MPS, a $15 billion red...
![Business](/tpl/images/cats/ekonomika.png)
Business, 24.04.2020 16:01, kailinaguilar2187
Which of the following statements is incorrect?
A. Given the economy's MPS, a $15 billion reduction in taxes will reduce the equilibrium GDP by more than would a $15 billion increase in government spending.
B. Other things unchanged, a tax reduction of $10 billion will increase the equilibrium GDP by less than $25 billion when the MPS is 0.4.
C. If the MPC is 0.8 and GDP has declined by $40 billion, this was caused by a decline in aggregate expenditures of $8 billion.
D. A government surplus is anti-inflationary; a government deficit is expansionary.
![answer](/tpl/images/cats/otvet.png)
Answers: 3
Other questions on the subject: Business
![image](/tpl/images/cats/ekonomika.png)
Business, 22.06.2019 20:00, oliviac0327
Describe a real or made-up but possible example of a situation where an employee faces a conflict of interest. explain at least two things the company could do to make sure the employee won't be tempted into unethical behavior by that conflict of interest. (3.0 points)
Answers: 3
![image](/tpl/images/cats/ekonomika.png)
Business, 22.06.2019 20:30, zachzach28280
Almeda products, inc., uses a job-order costing system. the company's inventory balances on april 1, the start of its fiscal year, were as follows:
Answers: 2
![image](/tpl/images/cats/ekonomika.png)
Do you know the correct answer?
Questions in other subjects:
![Konu](/tpl/images/cats/ap.png)
Advanced Placement (AP), 13.01.2021 14:00
![Konu](/tpl/images/cats/en.png)
![Konu](/tpl/images/cats/mat.png)
Mathematics, 13.01.2021 14:00
![Konu](/tpl/images/cats/obshestvoznanie.png)
Social Studies, 13.01.2021 14:00
![Konu](/tpl/images/cats/istoriya.png)
![Konu](/tpl/images/cats/en.png)
![Konu](/tpl/images/cats/himiya.png)
![Konu](/tpl/images/cats/himiya.png)
![Konu](/tpl/images/cats/health.png)