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A household's disposable income is equal to... Select one: ' a. its income after paying taxes and receiving transfers. b. its aftertax income after paying
A household's disposable income is equal to... Select one: ' a. its income after paying taxes and receiving transfers. b. its aftertax income after paying for housing. c. its after-tax income after paying for food and housing. its aftertax income plus the value of household production. its aftertax income divided by the number of household members. In the Keynesian model, an increase in government spending leads to an even larger increase in output because... Select one: a. of the multiplier effect. b. it requires higher tax rates. 0. its budget must remain balanced. d. higher government debt is always associated with faster growth. . None of the above
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