Author Question: The degree to which _____ declines during a recession or increases during an expansion depends on ... (Read 48 times)

storky111

  • Hero Member
  • *****
  • Posts: 561
The degree to which _____ declines during a recession or increases during an expansion depends on the amount by which the AD and/or AS curves shift.
 a. real GDP
  b. government tax revenue
  c. the money supply
  d. real interest rate
  e. the consumer price index

Question 2

A reduction in the rate at which stock dividends are taxed will lead to greater investment in the stock market. This is an example of:
 a. a positive economic statement.
 b. a negative economic statement.
  c. the fallacy of composition.
 d. a normative economic statement.



coreycathey

  • Sr. Member
  • ****
  • Posts: 333
Answer to Question 1

a

Answer to Question 2

a



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question


 

Did you know?

Human kidneys will clean about 1 million gallons of blood in an average lifetime.

Did you know?

There are more bacteria in your mouth than there are people in the world.

Did you know?

Chronic necrotizing aspergillosis has a slowly progressive process that, unlike invasive aspergillosis, does not spread to other organ systems or the blood vessels. It most often affects middle-aged and elderly individuals, spreading to surrounding tissue in the lungs. The disease often does not respond to conventionally successful treatments, and requires individualized therapies in order to keep it from becoming life-threatening.

Did you know?

According to the CDC, approximately 31.7% of the U.S. population has high low-density lipoprotein (LDL) or "bad cholesterol" levels.

Did you know?

Studies show that systolic blood pressure can be significantly lowered by taking statins. In fact, the higher the patient's baseline blood pressure, the greater the effect of statins on his or her blood pressure.

For a complete list of videos, visit our video library