This topic contains a solution. Click here to go to the answer

Author Question: If the mpcd is 0.6, the tax multiplier is (Read 36 times)

cartlidgeashley

  • Hero Member
  • *****
  • Posts: 572

Question 1

Let the mpcd = 0.75. The government increases its expenditure on the NHS by £500 million and simultaneously raises income taxes by £500 million. Aggregate demand in the economy will
◦ remain the same.
◦ rise by £125 million.
◦ fall by £125 million.
◦ rise by £500 million.

Question 2

If the mpcd is 0.6, the tax multiplier is
◦ -1.67.
◦ -0.67.
◦ -2.5.
◦ -1.5.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by cartlidgeashley on May 25, 2020

missalyssa26

  • Sr. Member
  • ****
  • Posts: 327
Reply #1 on: May 25, 2020
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
Answer Preview
Only 56% of students answer this correctly




cartlidgeashley

  • Member
  • Posts: 572
Reply 2 on: May 25, 2020
Great answer, keep it coming :)


Joy Chen

  • Member
  • Posts: 354
Reply 3 on: Yesterday
Gracias!

 

Did you know?

Every 10 seconds, a person in the United States goes to the emergency room complaining of head pain. About 1.2 million visits are for acute migraine attacks.

Did you know?

ACTH levels are normally highest in the early morning (between 6 and 8 A.M.) and lowest in the evening (between 6 and 11 P.M.). Therefore, a doctor who suspects abnormal levels looks for low ACTH in the morning and high ACTH in the evening.

Did you know?

The lipid bilayer is made of phospholipids. They are arranged in a double layer because one of their ends is attracted to water while the other is repelled by water.

Did you know?

Vital signs (blood pressure, temperature, pulse rate, respiration rate) should be taken before any drug administration. Patients should be informed not to use tobacco or caffeine at least 30 minutes before their appointment.

Did you know?

Fewer than 10% of babies are born on their exact due dates, 50% are born within 1 week of the due date, and 90% are born within 2 weeks of the date.

For a complete list of videos, visit our video library