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

Author Question: Multiplier Effects of Transfer Payments and TaxesAssume the tax multiplier is -7.5, real GDP is $427 ... (Read 63 times)

heatherbabydoll1

  • Full Member
  • ***
  • Posts: 148
on: Nov 23, 2022
Multiplier Effects of Transfer Payments and Taxes

Assume the tax multiplier is -7.5, real GDP is $427 billion, and potential real GDP is $439 billion. By how much would taxes need to be cut to restore the economy to potential real GDP? (Round to the nearest hundredth when necessary.)
◦ $90 billion
◦ $0.8 billion
◦ $12 billion
◦ $1.6 billion
Macroeconomics ¦ Acemoglu, Laibson, List ¦ 3rd Edition
Buy Test-Bank


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by heatherbabydoll1 on Nov 23, 2022

bleep bloop

  • Full Member
  • ***
  • Posts: 173
Reply #1 on: Nov 23, 2022
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 64% of students answer this correctly


heatherbabydoll1

  • Member
  • Posts: 148
Reply 2 on: Nov 23, 2022
:D TYSM

coreycathey

  • Member
  • Posts: 333
Reply 3 on: Yesterday
Great answer, keep it coming :)

« previous next »
 

Did you know?

More than 20 million Americans cite use of marijuana within the past 30 days, according to the National Survey on Drug Use and Health (NSDUH). More than 8 million admit to using it almost every day.

Did you know?

People who have myopia, or nearsightedness, are not able to see objects at a distance but only up close. It occurs when the cornea is either curved too steeply, the eye is too long, or both. This condition is progressive and worsens with time. More than 100 million people in the United States are nearsighted, but only 20% of those are born with the condition. Diet, eye exercise, drug therapy, and corrective lenses can all help manage nearsightedness.

Did you know?

Intradermal injections are somewhat difficult to correctly administer because the skin layers are so thin that it is easy to accidentally punch through to the deeper subcutaneous layer.

Did you know?

Malaria mortality rates are falling. Increased malaria prevention and control measures have greatly improved these rates. Since 2000, malaria mortality rates have fallen globally by 60% among all age groups, and by 65% among children under age 5.

Did you know?

Bacteria have been found alive in a lake buried one half mile under ice in Antarctica.

Effects of Twinkling Effects of Twinkling
Effects of Learning on Neurogenesis Effects of Learning on Neurogenesis
Adverse Effects Associated with Oral Contraceptives Adverse Effects Associated with Oral Contraceptives
Effects of septal defects: (A) normal shunt; no cyanosis; (B) increased pressure in right ventricle; ... Effects of septal defects: (A) normal shunt; no cyanosis; (B) increased pressure in right ventricle; ...
Effects of an inhibitor and an uncoupler on oxygen uptake and ATP synthesis Effects of an inhibitor and an uncoupler on oxygen uptake and ATP synthesis
Global Heat Transfer Global Heat Transfer
Video: Major Elements in Biological Molecules: Nucleic acids

For a complete list of videos, visit our video library