This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: Wealth is A) equivalent to saving. B) another name for income. C) the same as investment in ... (Read 90 times)

PhilipSeeMore

  • Hero Member
  • *****
  • Posts: 561
on: Jun 29, 2018
Wealth is
 
  A) equivalent to saving.
  B) another name for income.
  C) the same as investment in financial capital.
  D) defined as the money in your savings account.
  E) the value of all the things that a person owns.

Question 2

The President proposes a reduction of personal income marginal tax rates in the United States. When marginal tax rates are reduced, there is
 
  A) a decrease in the magnitude of the expenditure multiplier.
  B) an increase in the magnitude of the expenditure multiplier.
  C) a decrease in the marginal propensity to consume.
  D) no change in the slope of the AE line.
  E) an increase in the marginal propensity to consume.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

rleezy04

  • Sr. Member
  • ****
  • Posts: 322
Reply #1 on: Jun 29, 2018
Answer to Question 1

E

Answer to Question 2

B


PhilipSeeMore

  • Hero Member
  • *****
  • Posts: 561
Reply #2 on: Jun 29, 2018
Correct answers!


rleezy04

  • Sr. Member
  • ****
  • Posts: 322
Reply #3 on: Jun 29, 2018
Great! Please up vote :D


« previous next »
 

Did you know?

There are over 65,000 known species of protozoa. About 10,000 species are parasitic.

Did you know?

For about 100 years, scientists thought that peptic ulcers were caused by stress, spicy food, and alcohol. Later, researchers added stomach acid to the list of causes and began treating ulcers with antacids. Now it is known that peptic ulcers are predominantly caused by Helicobacter pylori, a spiral-shaped bacterium that normally exist in the stomach.

Did you know?

Approximately 70% of expectant mothers report experiencing some symptoms of morning sickness during the first trimester of pregnancy.

Did you know?

The average adult has about 21 square feet of skin.

Did you know?

Acetaminophen (Tylenol) in overdose can seriously damage the liver. It should never be taken by people who use alcohol heavily; it can result in severe liver damage and even a condition requiring a liver transplant.

Global Stratification: Income of the World's Nations Global Stratification: Income of the World's Nations
Ten Leading Causes of Death in Low-Income Countries, 2008 Ten Leading Causes of Death in Low-Income Countries, 2008
Relationship between Trust and Investment Relationship between Trust and Investment
How the Return to Education Affects the Distribution of Income How the Return to Education Affects the Distribution of Income
Use a compound angle addition formula to determine an equivalent trig expression for cos(x + ... Use a compound angle addition formula to determine an equivalent trig expression for cos(x + ...
What single payment one year from now would be economically equivalent to payments of $1,000 ... What single payment one year from now would be economically equivalent to payments of $1,000 ...
Video: Epidural Hematoma

For a complete list of videos, visit our video library