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

Author Question: In the short-run, a tax increase A) shifts the DD curve to the right, increases output and ... (Read 72 times)

captainjonesify

  • Hero Member
  • *****
  • Posts: 543
on: Jun 30, 2018
In the short-run, a tax increase
 
  A) shifts the DD curve to the right, increases output and appreciates the currency.
  B) shifts the AA curve to the left, increases output and depreciates the currency.
  C) shifts the AA curve to the left, decreases output and depreciates the currency.
  D) shifts the AA curve to the left, increases output and appreciates the currency.
  E) shifts the DD curve to the left, decreases output and depreciates the currency.

Question 2

Which of the following statements is TRUE?
 
  A) Bank failures inflict serious financial harm on individual depositors.
  B) Bank failures do not inflict serious financial harm on individual depositors.
  C) Bank failures inflict not only serious financial harm on individual depositors, but also harm the macroeconomic stability of the economy.
  D) Bank failures inflict serious financial harm on individual depositors, but fortunately do not harm the macroeconomic stability of the economy.
  E) Bank failures only inflict serious financial harm on the macroeconomic stability of the economy.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

jjorrostieta

  • Sr. Member
  • ****
  • Posts: 298
Reply #1 on: Jun 30, 2018
Answer to Question 1

E

Answer to Question 2

C


captainjonesify

  • Hero Member
  • *****
  • Posts: 543
Reply #2 on: Jun 30, 2018
Thank you :)


jjorrostieta

  • Sr. Member
  • ****
  • Posts: 298
Reply #3 on: Jun 30, 2018
Happy to help you


« previous next »
 

Did you know?

The U.S. Pharmacopeia Medication Errors Reporting Program states that approximately 50% of all medication errors involve insulin.

Did you know?

There used to be a metric calendar, as well as metric clocks. The metric calendar, or "French Republican Calendar" divided the year into 12 months, but each month was divided into three 10-day weeks. Each day had 10 decimal hours. Each hour had 100 decimal minutes. Due to lack of popularity, the metric clocks and calendars were ended in 1795, three years after they had been first marketed.

Did you know?

After a vasectomy, it takes about 12 ejaculations to clear out sperm that were already beyond the blocked area.

Did you know?

Patients who have been on total parenteral nutrition for more than a few days may need to have foods gradually reintroduced to give the digestive tract time to start working again.

Did you know?

In ancient Rome, many of the richer people in the population had lead-induced gout. The reason for this is unclear. Lead poisoning has also been linked to madness.

A theoretical photosynthetic response curve. A theoretical photosynthetic response curve.
Risks of infectious disease increase in (a) high-density agricultural populations compared to (b) lo Risks of infectious disease increase in (a) high-density agricultural populations compared to (b) lo
How to find the equation of a cosine curve How to find the equation of a cosine curve
Bacteria growth curve Bacteria growth curve
The number of phenotypic classes in the F2 generation increases as the number of genes controlling t The number of phenotypic classes in the F2 generation increases as the number of genes controlling t
Typical bacterial population growth curve showing the initial lag phase Typical bacterial population growth curve showing the initial lag phase
Video: Structure of a Ribosome

For a complete list of videos, visit our video library