« previous next »

Author Question: The IS curve becomes steeper when A) government spending is relatively small. B) the income tax ... (Read 48 times)

Charlie

  • Hero Member
  • *****
  • Posts: 640
on: Jun 30, 2018
The IS curve becomes steeper when
 
  A) government spending is relatively small.
  B) the income tax rate in the current period is relatively small.
  C) current changes in the real interest rate cause large changes in current real output.
  D) changes in the current real interest rate cause small changes in current demand.
  E) none of the above

Question 2

The new term introduced in the extended IS-LM model is
 
  A) risk premium.
  B) nominal interest rate.
  C) taxes.
  D) G.


livaneabi

  • Sr. Member
  • ****
  • Posts: 328
Reply #1 on: Jun 30, 2018
Answer to Question 1

D

Answer to Question 2

A


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

Walt Disney helped combat malaria by making an animated film in 1943 called The Winged Scourge. This short film starred the seven dwarfs and taught children that mosquitos transmit malaria, which is a very bad disease. It advocated the killing of mosquitos to stop the disease.

Did you know?

There are actually 60 minerals, 16 vitamins, 12 essential amino acids, and three essential fatty acids that your body needs every day.

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.

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?

Earwax has antimicrobial properties that reduce the viability of bacteria and fungus in the human ear.

The digestive system: functions of the small intestine and large intestine (colon) The digestive system: functions of the small intestine and large intestine (colon)
Notice the small motor gear on the left drives a larger plastic gear (black), which then drives ... Notice the small motor gear on the left drives a larger plastic gear (black), which then drives ...
Human photopic (cone) and scotopic (rod) spectral sensitivity curves. The peak of each curve has ... Human photopic (cone) and scotopic (rod) spectral sensitivity curves. The peak of each curve has ...
Small Avocado vs Large Avocado Small Avocado vs Large Avocado
Typical bacterial population growth curve showing the initial lag phase Typical bacterial population growth curve showing the initial lag phase
Video: Photosynthesis and Van Helmont Experiment

For a complete list of videos, visit our video library