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

Author Question: Taxes provide individuals with incentive to: (a) Increase the number of working hours. (b) ... (Read 66 times)

ahriuashd

  • Hero Member
  • *****
  • Posts: 535
on: Jun 30, 2018
Taxes provide individuals with incentive to:
 
  (a) Increase the number of working hours.
  (b) Increase productivity by working longer and harder.
  (c) Direct resources to uses where taxes are relatively low or nonexistent.
  (d) Buy and save more.

Question 2

Friedman's theory of money demand differs from Keynes' in that
 
  a. Friedman assumes that the demand for money is highly elastic while Keynes assumes money demand is inelastic.
  b. Friedman assumes that the money demand function is highly stable while Keynes assumes it is unstable.
  c. Friedman assumes that there is only a speculative demand for money while Keynes also considers the precautionary and transactionary demands for money.
  d. Friedman assumes that the proportion of income held in the form of money is constant while Keynes believes it varies.
  e. both b and d.


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

(c)

Answer to Question 2

E


ahriuashd

  • Member
  • Posts: 535
Reply 2 on: Jun 30, 2018
Wow, this really help

kswal303

  • Member
  • Posts: 316
Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

« previous next »
 

Did you know?

The largest baby ever born weighed more than 23 pounds but died just 11 hours after his birth in 1879. The largest surviving baby was born in October 2009 in Sumatra, Indonesia, and weighed an astounding 19.2 pounds at birth.

Did you know?

The Babylonians wrote numbers in a system that used 60 as the base value rather than the number 10. They did not have a symbol for "zero."

Did you know?

Your skin wrinkles if you stay in the bathtub a long time because the outermost layer of skin (which consists of dead keratin) swells when it absorbs water. It is tightly attached to the skin below it, so it compensates for the increased area by wrinkling. This happens to the hands and feet because they have the thickest layer of dead keratin cells.

Did you know?

The average person is easily confused by the terms pharmaceutics and pharmacology, thinking they are one and the same. Whereas pharmaceutics is the science of preparing and dispensing drugs (otherwise known as the science of pharmacy), pharmacology is the study of medications.

Did you know?

Acute bronchitis is an inflammation of the breathing tubes (bronchi), which causes increased mucus production and other changes. It is usually caused by bacteria or viruses, can be serious in people who have pulmonary or cardiac diseases, and can lead to pneumonia.

Flower part number is a characteristic difference between monocots and eudicots Flower part number is a characteristic difference between monocots and eudicots
Immunization with a vaccine. A healthcare professional is injecting a vaccine into the patient’s arm Immunization with a vaccine. A healthcare professional is injecting a vaccine into the patient’s arm
Conscientiousness is negatively correlated with a number of health-related behaviors. The higher the ... Conscientiousness is negatively correlated with a number of health-related behaviors. The higher the ...
Working and Living and Playing in the City Dump of Phnom Penh, Cambodia Working and Living and Playing in the City Dump of Phnom Penh, Cambodia
The Location and Number of Farms in the United States, 2012 The Location and Number of Farms in the United States, 2012
Fraction of obese individuals by state in 1998 and 2008. In 1998, 42 states had obesity rates below Fraction of obese individuals by state in 1998 and 2008. In 1998, 42 states had obesity rates below
Video: Bone Growth and Remodeling

For a complete list of videos, visit our video library