If MPC = 5,a Simultaneous Increase in Both Taxes and Government Spending of Government

question 154

Multiple Choice

If MPC = .5,a simultaneous increase in both taxes and government spending of $20 will:

• A) decrease GDP by $20.
• B) decrease GDP by $40.
• C) increase GDP by $20.
• D) increase GDP by $40.

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Definitions:

Workforce Diversity

The inclusion of individuals from a variety of backgrounds, such as different races, ethnicities, genders, ages, sexual orientations, etc., in the workplace.

Valuing Diversity

Recognizing, respecting, and appreciating the differences in individuals, believing that diverse perspectives lead to better outcomes.

Affirmative Action Programs

Initiatives designed to promote increased representation and inclusion of groups that have historically faced discrimination in employment, education, and other areas.

Cross-Cultural Diversity

The inclusion and integration of individuals from a variety of cultural, ethnic, and national backgrounds within a group or organization.