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

Author Question: If the consumption function is given by C = 200 + 0.6YD, then an increase in taxes of 50 units will ... (Read 20 times)

scienceeasy

  • Hero Member
  • *****
  • Posts: 565
on: Jun 30, 2018
If the consumption function is given by C = 200 + 0.6YD, then an increase in taxes of 50 units will cause the IS schedule to
 
  a. shift to the right by 75 units..
  b. shift to the left by 50 units.
  c. shift to the left by 75 units.
  d. shift to the left by 125.

Question 2

Which of the following are equilibrium conditions in the simple Keynesian model?
 
  a. Ir = I
  b. G = T
  c. S + T = I + G
  d. Y = C + I + G
  e. A, c, and d


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

taylorsonier

  • Sr. Member
  • ****
  • Posts: 377
Reply #1 on: Jun 30, 2018
Answer to Question 1

C

Answer to Question 2

E


scienceeasy

  • Member
  • Posts: 565
Reply 2 on: Jun 30, 2018
Excellent

kalskdjl1212

  • Member
  • Posts: 353
Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

« previous next »
 

Did you know?

Only 12 hours after an egg cell is fertilized by a sperm cell, the egg cell starts to divide. As it continues to divide, it moves along the fallopian tube toward the uterus at about 1 inch per day.

Did you know?

Less than one of every three adults with high LDL cholesterol has the condition under control. Only 48.1% with the condition are being treated for it.

Did you know?

Human stomach acid is strong enough to dissolve small pieces of metal such as razor blades or staples.

Did you know?

Of the estimated 2 million heroin users in the United States, 600,000–800,000 are considered hardcore addicts. Heroin addiction is considered to be one of the hardest addictions to recover from.

Did you know?

Alcohol acts as a diuretic. Eight ounces of water is needed to metabolize just 1 ounce of alcohol.

IPCC Temperature Increase Predictions Relative to 1986-2005 IPCC Temperature Increase Predictions Relative to 1986-2005
How to evaluate and sketch a piecewise function containing absolutes (Part 2) How to evaluate and sketch a piecewise function containing absolutes (Part 2)
Transport of acetyl units and reducing equivalents used in fatty acid synthesis Transport of acetyl units and reducing equivalents used in fatty acid synthesis
From the following function, find the value of a, so that the AROC From the following function, find the value of a, so that the AROC
Because the factor h on the right side of the Heisenberg uncertainty principle has units of ... Because the factor h on the right side of the Heisenberg uncertainty principle has units of ...
Effects of disrupted growth hormone function Effects of disrupted growth hormone function
Video: Depolarization of the SA node, Action potentials of the myocardium & ANS effects

For a complete list of videos, visit our video library