This topic contains a solution. Click here to go to the answer

Author Question: How does a change in taxes primarily affect aggregate demand? a. A tax change alters exports and ... (Read 88 times)

pragya sharda

  • Hero Member
  • *****
  • Posts: 566
How does a change in taxes primarily affect aggregate demand?
 a. A tax change alters exports and net exports.
 b. A tax change alters investment by an equal and opposite amount.
  c. A tax change alters disposable income and consumption spending.
  d. A tax change alters government purchases by an equal amount.

Question 2

In fractional reserve banking:
 a. bank assets are less than bank reserves.
  b. only a fraction of total deposits are bank reserves.
  c. only a fraction of required reserves are investor assets.
  d. bank loans are less than bank reserves.
  e. a fraction of bank reserves needs to be backed by gold.



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

aprice35067

  • Sr. Member
  • ****
  • Posts: 337
Answer to Question 1

c

Answer to Question 2

b




pragya sharda

  • Member
  • Posts: 566
Reply 2 on: Jun 30, 2018
Gracias!


bimper21

  • Member
  • Posts: 309
Reply 3 on: Yesterday
Excellent

 

Did you know?

Coca-Cola originally used coca leaves and caffeine from the African kola nut. It was advertised as a therapeutic agent and "pickerupper." Eventually, its formulation was changed, and the coca leaves were removed because of the effects of regulation on cocaine-related products.

Did you know?

Malaria was not eliminated in the United States until 1951. The term eliminated means that no new cases arise in a country for 3 years.

Did you know?

Astigmatism is the most common vision problem. It may accompany nearsightedness or farsightedness. It is usually caused by an irregularly shaped cornea, but sometimes it is the result of an irregularly shaped lens. Either type can be corrected by eyeglasses, contact lenses, or refractive surgery.

Did you know?

All adults should have their cholesterol levels checked once every 5 years. During 2009–2010, 69.4% of Americans age 20 and older reported having their cholesterol checked within the last five years.

Did you know?

Dogs have been used in studies to detect various cancers in human subjects. They have been trained to sniff breath samples from humans that were collected by having them breathe into special tubes. These people included 55 lung cancer patients, 31 breast cancer patients, and 83 cancer-free patients. The dogs detected 54 of the 55 lung cancer patients as having cancer, detected 28 of the 31 breast cancer patients, and gave only three false-positive results (detecting cancer in people who didn't have it).

For a complete list of videos, visit our video library