Whether the following statements are true or false, include a basis the reason : If government spending is increased by the same amount as the...
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Question

Whether the following statements are true or false, include a basis the reason :

a. If government spending is increased by the same amount as the increase

taxes then will not have any effect on national output and

public consumption.

b. The greater the marginal propensity to consumption (MPC) will have an effect

changes in national income that get bigger if there is an increase in value

investment or the value of government spending

c. Generally, or theoretically, a Phillips curve connecting levels

unemployment and inflation rate have a positive slope

d. High inflation in soybean producing countries where our country does not import it

influencing the aggregate supply of soybean derivative products in Indonesia (for example, supplies

fermented soybean cake or tofu)

 

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Subject: Business, Economics
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