If There Are No Taxes or Imports and MPC =

question 113

Multiple Choice

If there are no taxes or imports and MPC = 0.67, the multiplier is

• A) 1.5.
• B) 3.
• C) 6.
• D) 0.33.

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Definitions:

Lower Court

Lower courts refer to the initial levels of the court system where legal cases are first heard, below appellate or supreme courts.

Supreme Court

The highest judicial body in the United States, which has the ultimate authority in interpreting the Constitution and federal laws.

Senatorial Courtesy

A custom in the U.S. Senate where presidential nominations for positions within a state are not confirmed if opposed by a senator from the President's party from that state.

Federal District Courts

The general trial courts in the United States federal court system where civil and criminal cases are initially tried and decided.