What is the most common state budget cycle?
a. semi annual
b. decennial
c. biennial
d. annual

What is the eventual effect on real gdp if the government increases its purchases of goods and services by $80,000? assume the marginal propensity to consume (mpc) is 0.75. $ what is the eventual effect on real gdp if the government, instead of changing its spending, increases transfers by $80,000? assume the mpc has not changed. $ an increase in government transfers or taxes, as opposed to an increase in government purchases of goods and services, will result in an identical eventual effect on real gdp. a smaller eventual effect on real gdp. a larger eventual effect on real gdp. no change to real gdp.

China white was the black market selling of ivory, in which the profit was redistributed back into the trafficking of heroin.

Heyak believed that the economy could be hard to measure because