Taxes,savings,and Imports Tend to Magnify the Effect of Any Spending

question 47

True/False

Taxes,savings,and imports tend to magnify the effect of any spending change in the economy; that is,if investment spending initially increases,then spending will grow even more as taxes,savings,and imports increase,so the economic growth will accelerate.

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Definitions:

Age Structure Diagrams

Visual representations that show the distribution of a population by age and sex, often used to predict population growth trends and social needs.

Broad Base

Typically refers to a wide foundation or support, often implying something with a wide range of sources or support.

Replacement Reproduction

This refers to a reproduction strategy where the offspring number is equal to the parent number, aiming to sustain the population size.

Zero Population Growth

A demographic balance where the number of people in a specified population neither grows nor declines, due to a balance between birth rates and death rates.