Multipliers
AP Macroeconomics · Flashcards
AP MACROECONOMICS · FLASHCARDS
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QUESTION
State the effect of a high savings rate on multipliers.
QUESTION
Express the change in GDP with a $200 increase in exports, MPC = 0.9.
QUESTION
What does a tax cut signify in terms of economic stimulation?
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ANSWER
Increases economic activity. Tax cuts boost disposable income and consumer spending.
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