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Author Question: If the value of a government-taxation multiplier is 1.8, which of the following is likely to be true ... (Read 52 times)

Ebrown

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on: Jun 30, 2018
If the value of a government-taxation multiplier is 1.8, which of the following is likely to be true if all other variables remain unchanged?
 
  A) A 1.80 increase in taxation increases gross domestic product by 1.80.
  B) A 1 reduction in taxation increases gross domestic product by 1.80.
  C) A 1 increase in taxation increases gross domestic product by 1.80.
  D) A 1.80 reduction in taxation increases gross domestic product by 1.80.

Question 2

A method of measuring the money supply by looking at money as a temporary store of value is the
 
  A) transactions approach. B) capital control.
  C) liquidity approach. D) fiduciary monetary system.


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nixon_s

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Reply #1 on: Jun 30, 2018
Answer to Question 1

B

Answer to Question 2

C


Ebrown

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Reply 2 on: Jun 30, 2018
Thanks for the timely response, appreciate it

adf223

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Reply 3 on: Yesterday
Excellent

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