A Tax Increase Has

question 112

Multiple Choice

A tax increase has

• A)a multiplier effect but not a crowding out effect
• B)a crowding out effect but not a multiplier effect
• C)both a crowding out and multiplier effect
• D)neither a multiplier or crowding out effect

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Definitions:

Binomial Probabilities

The probabilities of obtaining a given number of successes in a fixed number of binary trials.

Normal Random Variable

A normal random variable is a variable whose values are subject to fluctuations according to a normal distribution.

Standard Deviations

A measure of the dispersion or variability in a dataset, indicating how much individual data points deviate from the mean.

Mean

The average value of a set of numbers, calculated by dividing the sum of all the numbers by the count of the numbers.