Author Question: When the tax rate increases, the tax revenue A) always increases. B) does not change. C) always ... (Read 43 times)

PhilipSeeMore · **on:** Jun 30, 2018

When the tax rate increases, the tax revenue

A) always increases.
B) does not change.
C) always decreases.
D) may increase or decrease.

Question 2

Assume that prices have risen in a given economy by an average of 5 percent over the last nine years. If consumers base their expectations about future price movements on that knowledge alone their forecasts rely on ________.

A) reverse expectations
B) adaptive expectations
C) rational expectations
D) monetary expectations

sylvia · **Reply #1 on:** Jun 30, 2018

Answer to Question 1

D

Answer to Question 2

B

PhilipSeeMore · **Reply 2 on:** Jun 30, 2018

Excellent

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Author Question: When the tax rate increases, the tax revenue A) always increases. B) does not change. C) always ... (Read 43 times)

PhilipSeeMore

When the tax rate increases, the tax revenue A) always increases. B) does not change. C) always ...

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sylvia

When the tax rate increases, the tax revenue A) always increases. B) does not change. C) always ...

PhilipSeeMore

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