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 97 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?

Vaccines prevent between 2.5 and 4 million deaths every year.

Did you know?

Thyroid conditions cause a higher risk of fibromyalgia and chronic fatigue syndrome.

Did you know?

Cancer has been around as long as humankind, but only in the second half of the twentieth century did the number of cancer cases explode.

Did you know?

Individuals are never “cured” of addictions. Instead, they learn how to manage their disease to lead healthy, balanced lives.

Did you know?

In 2006, a generic antinausea drug named ondansetron was approved. It is used to stop nausea and vomiting associated with surgery, chemotherapy, and radiation therapy.

A passenger train crosses Stony Creek Bridge in the Rocky Mountains in 1878. Railroads were importan A passenger train crosses Stony Creek Bridge in the Rocky Mountains in 1878. Railroads were importan
Sources of income for U.S. population aged 65 and over. Sources of income for U.S. population aged 65 and over.
The More Things Change, The More They Say the Same: Dividing the Nation's Income The More Things Change, The More They Say the Same: Dividing the Nation's Income
Reaction 1: The First ATP Investment Reaction 1: The First ATP Investment
How Health Interacts with Income How Health Interacts with Income
Effect of Increasing the Investment Rate on the Steady State Effect of Increasing the Investment Rate on the Steady State
Video: Mendel's pea plant, Pisum sativum experimental

For a complete list of videos, visit our video library