If the MPS in an Economy Is

question 28

Multiple Choice

If the MPS in an economy is .4, government could shift the aggregate demand curve leftward by $50 billion at each price level by:

• A)reducing government expenditures by $125 billion.
• B)reducing government expenditures by $20 billion.
• C)increasing taxes by $50 billion.
• D)increasing taxes by $250 billion.

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The quality of being one of a kind or without an exact equivalent.

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The activity or practice of creating and disseminating messages designed to promote products, services, or ideas to a target audience.

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