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

Author Question: Wealth is A) equivalent to saving. B) another name for income. C) the same as investment in ... (Read 92 times)

PhilipSeeMore

  • Hero Member
  • *****
  • Posts: 561
on: Jun 29, 2018
Wealth is
 
  A) equivalent to saving.
  B) another name for income.
  C) the same as investment in financial capital.
  D) defined as the money in your savings account.
  E) the value of all the things that a person owns.

Question 2

The President proposes a reduction of personal income marginal tax rates in the United States. When marginal tax rates are reduced, there is
 
  A) a decrease in the magnitude of the expenditure multiplier.
  B) an increase in the magnitude of the expenditure multiplier.
  C) a decrease in the marginal propensity to consume.
  D) no change in the slope of the AE line.
  E) an increase in the marginal propensity to consume.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

rleezy04

  • Sr. Member
  • ****
  • Posts: 322
Reply #1 on: Jun 29, 2018
Answer to Question 1

E

Answer to Question 2

B


PhilipSeeMore

  • Hero Member
  • *****
  • Posts: 561
Reply #2 on: Jun 29, 2018
Correct answers!


rleezy04

  • Sr. Member
  • ****
  • Posts: 322
Reply #3 on: Jun 29, 2018
Great! Please up vote :D


« previous next »
 

Did you know?

A recent study has found that following a diet rich in berries may slow down the aging process of the brain. This diet apparently helps to keep dopamine levels much higher than are seen in normal individuals who do not eat berries as a regular part of their diet as they enter their later years.

Did you know?

Fatal fungal infections may be able to resist newer antifungal drugs. Globally, fungal infections are often fatal due to the lack of access to multiple antifungals, which may be required to be utilized in combination. Single antifungals may not be enough to stop a fungal infection from causing the death of a patient.

Did you know?

Since 1988, the CDC has reported a 99% reduction in bacterial meningitis caused by Haemophilus influenzae, due to the introduction of the vaccine against it.

Did you know?

The Centers for Disease Control and Prevention (CDC) was originally known as the Communicable Disease Center, which was formed to fight malaria. It was originally headquartered in Atlanta, Georgia, since the Southern states faced the worst threat from malaria.

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.

Distribution of the Income of Americans Distribution of the Income of Americans
Most drugs exhibit first-order elimination, in which the rate of drug elimination is equivalent to ... Most drugs exhibit first-order elimination, in which the rate of drug elimination is equivalent to ...
Income Inequality in the United States: 1947–2009 Income Inequality in the United States: 1947–2009
Saving and Investment Rates of Industrialized Countries, 1960–1974 Saving and Investment Rates of Industrialized Countries, 1960–1974
Relationship between Latitude and Income per Capita Relationship between Latitude and Income per Capita
Equivalent Trig Expressions Equivalent Trig Expressions
Video: Stroke volume - contractility definition

For a complete list of videos, visit our video library