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Author Question: The command economy of World War I (191418) possessed which of the following traits? (a) ... (Read 24 times)

Tirant22

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on: Jun 30, 2018
The command economy of World War I (191418) possessed which of the following traits?
 
  (a) Decentralized decision-making in the markets
  (b) The creation of many state agencies
  (c) Volunteers for the armed forces
  (d) Centralized decision making by bureaucrats

Question 2

Supply-side economists argue that taxing of nominal gains and interest earnings during inflationary periods
 
  a. results in an increased effective tax rate on real returns but will not retard saving.
  b. will retard saving but will not increase the effective tax rate on real returns.
  c. will increase the effective tax rate on real returns and will retard saving.
  d. None of the above


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Fayaz00962

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

(d)

Answer to Question 2

C


Tirant22

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

Dominic

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Reply 3 on: Yesterday
Excellent

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