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

Author Question: The Laffer curve specifies a. a negative relationship between marginal tax rates and tax revenue. ... (Read 71 times)

nramada

  • Hero Member
  • *****
  • Posts: 580
on: Jun 30, 2018
The Laffer curve specifies
 
  a. a negative relationship between marginal tax rates and tax revenue.
  b. a positive relationship between marginal tax rates and tax revenue.
  c. no relationship between marginal tax rates and tax revenue.
  d. none of the above.

Question 2

In the modern Keynesian model, velocity
 
  a. varies positively with the level of the interest rate but not with income.
  b. varies positively with the level of the interest rate and with income.
  c. is constant.
  d. varies in the short run but is constant in the long run.
  e. none of the above


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

matt95

  • Sr. Member
  • ****
  • Posts: 317
Reply #1 on: Jun 30, 2018
Answer to Question 1

D

Answer to Question 2

A


nramada

  • Member
  • Posts: 580
Reply 2 on: Jun 30, 2018
YES! Correct, THANKS for helping me on my review

ebonylittles

  • Member
  • Posts: 318
Reply 3 on: Yesterday
Gracias!

« previous next »
 

Did you know?

The human body's pharmacokinetics are quite varied. Our hair holds onto drugs longer than our urine, blood, or saliva. For example, alcohol can be detected in the hair for up to 90 days after it was consumed. The same is true for marijuana, cocaine, ecstasy, heroin, methamphetamine, and nicotine.

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?

As of mid-2016, 18.2 million people were receiving advanced retroviral therapy (ART) worldwide. This represents between 43–50% of the 34–39.8 million people living with HIV.

Did you know?

Nitroglycerin is used to alleviate various heart-related conditions, and it is also the chief component of dynamite (but mixed in a solid clay base to stabilize it).

Did you know?

It is believed that humans initially contracted crabs from gorillas about 3 million years ago from either sleeping in gorilla nests or eating the apes.

Structure of the ovary and uterine (fallopian) tube. Figure illustrates stages of ovum development a Structure of the ovary and uterine (fallopian) tube. Figure illustrates stages of ovum development a
The titration curve of phosphoric acid (H3PO4), a common buffer in biological sy The titration curve of phosphoric acid (H3PO4), a common buffer in biological sy
The relationship between the crankshaft position (CKP) sensor and the camshaft position (CMP) sensor ... The relationship between the crankshaft position (CKP) sensor and the camshaft position (CMP) sensor ...
When the exhaust is rich, the PCM applies a negative current into the pump cell. When the exhaust is rich, the PCM applies a negative current into the pump cell.
How to create a sine equation when the curve is given How to create a sine equation when the curve is given
Negative and positive feedback loops Negative and positive feedback loops
Video: Interspecific Competition Relationship - Competitive & Niche Differentiation

For a complete list of videos, visit our video library