The National Economy

A. reduce
B. increase
C. do not change
D. None of the above

A. MPC and MPT
B. MPT and MPZ
C. MPC and MPZ
D. MPC, MPT and MPZ

A. booms, booms
B. recession, recession
C. booms, recessions
D. recessions, booms

A. leave output unchanged
B. increase output
C. reduce output
D. increase the MPC

A. market imperfection
B. the law of diminishing returns
C. the paradox of thrift
D. market failure

A. 1(1-MPC)
B. 1/MPS
C. 1/MPC
D. a or b

A. marginal propensity to invest
B. disposable incomes
C. marginal propensity to consume
D. average propensity to consume

A. is less than
B. equals
C. is greater than
D. fluctuates around

A. tax evasion
B. poor statistics
C. the lags between statistical collection and publication
D. smuggling

A. including non-market activities
B. adjusted for inflation
C. including externalities
D. including tax evasion