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 20 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
YES! Correct, THANKS for helping me on my review

Bigfoot1984

  • Member
  • Posts: 321
Reply 3 on: Yesterday
Excellent

« previous next »
 

Did you know?

Vampire bats have a natural anticoagulant in their saliva that permits continuous bleeding after they painlessly open a wound with their incisors. This capillary blood does not cause any significant blood loss to their victims.

Did you know?

Multiple sclerosis is a condition wherein the body's nervous system is weakened by an autoimmune reaction that attacks the myelin sheaths of neurons.

Did you know?

It is believed that the Incas used anesthesia. Evidence supports the theory that shamans chewed cocoa leaves and drilled holes into the heads of patients (letting evil spirits escape), spitting into the wounds they made. The mixture of cocaine, saliva, and resin numbed the site enough to allow hours of drilling.

Did you know?

Although not all of the following muscle groups are commonly used, intramuscular injections may be given into the abdominals, biceps, calves, deltoids, gluteals, laterals, pectorals, quadriceps, trapezoids, and triceps.

Did you know?

Warfarin was developed as a consequence of the study of a strange bleeding disorder that suddenly occurred in cattle on the northern prairies of the United States in the early 1900s.

Phenotypic effects in Drosophila larvae that have mutations in segmentation genes Phenotypic effects in Drosophila larvae that have mutations in segmentation genes
Transfer of lamda prophage during conjugation can trigger lysis Transfer of lamda prophage during conjugation can trigger lysis
The effects of neonatal testosterone exposure on the size of the sexually dimorphic nuclei in male ... The effects of neonatal testosterone exposure on the size of the sexually dimorphic nuclei in male ...
Major Effects of Thyroid Hormone in the Body Major Effects of Thyroid Hormone in the Body
Shuttles for transfer of reducing equivalents from cytosol into mitochondria Shuttles for transfer of reducing equivalents from cytosol into mitochondria
Marketing: Real People, Real Choices Marketing: Real People, Real Choices
Video: Alzheimer's Disease

For a complete list of videos, visit our video library