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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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