Author Question: The Keynesian model is basically A) a long-run theory. B) a short-run theory. C) a combination ... (Read 96 times)

brutforce

  • Hero Member
  • *****
  • Posts: 540
The Keynesian model is basically
 
  A) a long-run theory.
  B) a short-run theory.
  C) a combination of long- and short-run theories.
  D) a theory about the economy in both the long run and the short run.

Question 2

Refer to the above figure. An excise tax of 0.50 was imposed on this good. From the figure we can see that the
 
  A) producer will bear most of the tax.
  B) consumer will bear most of the tax.
  C) consumer and producer will share the tax.
  D) amount of the tax collected is less than 0.50.



Bison

  • Sr. Member
  • ****
  • Posts: 342
Answer to Question 1

B

Answer to Question 2

B



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

Your chance of developing a kidney stone is 1 in 10. In recent years, approximately 3.7 million people in the United States were diagnosed with a kidney disease.

Did you know?

Anesthesia awareness is a potentially disturbing adverse effect wherein patients who have been paralyzed with muscle relaxants may awaken. They may be aware of their surroundings but unable to communicate or move. Neurologic monitoring equipment that helps to more closely check the patient's anesthesia stages is now available to avoid the occurrence of anesthesia awareness.

Did you know?

If you use artificial sweeteners, such as cyclamates, your eyes may be more sensitive to light. Other factors that will make your eyes more sensitive to light include use of antibiotics, oral contraceptives, hypertension medications, diuretics, and antidiabetic medications.

Did you know?

Lower drug doses for elderly patients should be used first, with titrations of the dose as tolerated to prevent unwanted drug-related pharmacodynamic effects.

Did you know?

This year, an estimated 1.4 million Americans will have a new or recurrent heart attack.

For a complete list of videos, visit our video library