A $10 Billion Reduction in Taxes Increases Real GDP by $60

question 81

Multiple Choice

A $10 billion reduction in taxes increases Real GDP by $60 billion.Assuming a constant price level,what does the tax multiplier equal?

• A) 70
• B) 6
• C) 50
• D) 0.17
• E) 0.83

---

Definitions:

Gender Identity

refers to one's personal sense of their own gender, which may or may not correspond to the sex assigned at birth.

Intersex Condition

A variation in sex characteristics including chromosomes, gonads, or genitals that does not allow an individual to be distinctly identified as exclusively male or female.

Gender Schemas

Cognitive structures that form the basis for understanding gender concepts and roles, influencing how individuals perceive and interact with others based on gender assumptions.

Sex Chromosomes

Chromosomes, typically designated as X or Y, that determine the biological sex of an organism.