2 2 5 6 9 10 11 12 13 14 15 16 17 18 19 28 29 30 31 32 33 34 35 False QUESTION 21 Match these concepts. + Wealth effect. A. Spending without income. Multiplier effect. B. Years to double output. + Crowding out effect. C. 1/MPS. D. Transfer payments. Autonomous consumption. E. Long run average level of income. Laffer curve. F. Lower tax rates lead to higher tax revenues. Automatic stabilizer. G. Fall in investment due to increase in G. Permanent income. H. Increase capital per worker. 1. Explanation of the slope of AD curve. Closed economy. J. Economy without foreign sector. Capital deepening. Rule of 70