The Simple Tax Multiplier Is

question 11

Multiple Choice

The simple tax multiplier is

• A)1/MPC
• B)1
• C)1/(1 - MPC)
• D)MPC/(1 - MPC)
• E)-MPC/(1 - MPC)

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Definitions:

Dual Labor Market Theory

A theory that suggests the economy is divided into two segments: the primary sector with good jobs and high wages, and the secondary sector with poor jobs and low wages.

Gender Gap

The differences in opportunities, status, attitudes, and conditions for men and women in various aspects of society, including employment and education.

Gendered Institution

An organization or structure in society that perpetuates gender distinctions and hierarchies in its practices and policies.

Labor Force Participation Rate

The percentage of those in a given category who are employed.