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1) If the MPC is equal to 0.75 the tax multiplier is equal to negative Select one: a. 9 b. 6 c. 4 d. 3
1) If the MPC is equal to 0.75 the tax multiplier is equal to negative
Select one:
a. 9
b. 6
c. 4
d. 3
2) As more and more Baby Boomers retire, the total dollar amount of tax revenues received by the Social Security Administration will ___ and the total dollar amount of payments provided by the Social Security Administration to retirees will __.
Select one:
a. decrease; decrease
b. increase; increase
c. decrease; increase
d. increase; decrease
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