Suppose Output Is Demand Determined

question 90

Multiple Choice

Suppose output is demand determined.An increase in the net tax rate ________ the marginal propensity to spend and thus ________ the simple multiplier.

• A)raises; raises
• B)raises; lowers
• C)causes no change in; raises
• D)lowers; lowers
• E)lowers; raises

Apply the criteria of successful comparative inference to evaluate the validity of comparisons.

Recognize the application of comparative reasoning in various contexts, including scientific, legal, and everyday reasoning.

Differentiate between strong and weak comparative reasoning using the criteria of simplicity, testability, and comprehensiveness.

Explain the role of familiarity in enhancing the effectiveness of comparative reasoning.

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A person recognized for having an exceptional degree of holiness, sanctity, and virtue, often canonized by a Christian church.

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A type of logical expression that, when its variables are replaced with specific statements, becomes a statement that can be evaluated as true or false.

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