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Author Question: The Laffer curve shows a relationship between A) interest rates and investment spending. B) ... (Read 32 times)

brutforce

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on: Jun 30, 2018
The Laffer curve shows a relationship between
 
  A) interest rates and investment spending.
  B) government spending and real Gross Domestic Product (GDP).
  C) tax rates and tax revenues.
  D) the price level and real Gross Domestic Product (GDP).

Question 2

Which of the following would be expected to shift the consumption function up?
 
  A) decreases in wealth B) increases in the nation's population
  C) expectations of harder times ahead D) changes in real disposable income


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guyanai

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Reply #1 on: Jun 30, 2018
Answer to Question 1

C

Answer to Question 2

B


brutforce

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Reply 2 on: Jun 30, 2018
Great answer, keep it coming :)

ktidd

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Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

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