A $100 Increase in Government Purchases Will Have Exactly the Same

question 20

True/False

A $100 increase in government purchases will have exactly the same effect on equilibrium real GDP as a $125 decrease in autonomous net taxes when the MPC equals 0.8.

---

Definitions:

Organizational Members

Individuals who are part of an organization, including both management and non-management staff, contributing to its culture, goals, and outcomes.

Values

Core beliefs or principles that guide and motivate attitudes and actions in individuals and organizations.

Socialization

The process by which individuals acquire the knowledge, skills, and behaviors that are necessary for functioning within a society or organization.

Pre-employment

Pertaining to processes or assessments that occur before an individual officially becomes an employee.