The Multiplier Effect of an Increase in Transfer Payments Is

question 44

True/False

The multiplier effect of an increase in transfer payments is smaller than that of an equal increase in government purchases of goods and services because some of the transfer payment is likely to be saved.

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Definitions:

Sense of Humor

An individual's capacity to appreciate, produce, or enjoy humor.

Longitudinal

A research approach that follows the same subjects over a period of time to observe changes.

Twins Study

A research method used in genetic and psychological studies to assess the relative impact of hereditary and environmental factors by comparing identical and fraternal twins.

Periodical

A publication, such as a magazine, journal, or newspaper, that is published at regular intervals over an indefinite period.