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Author Question: Suppose there is a tax cut. This tax cut would have a direct effect on which of the following? A) ... (Read 69 times)

809779

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on: Jun 30, 2018
Suppose there is a tax cut. This tax cut would have a direct effect on which of the following?
 
  A) financial wealth
  B) housing wealth
  C) human wealth
  D) none of the above

Question 2

If government spending and taxes decrease by the same amount,
 
  A) the IS curve does not shift.
  B) the IS curve shift leftward.
  C) the IS curve shifts rightward.
  D) the LM curve shifts downward.


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cuttiesgirl16

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

C

Answer to Question 2

B


809779

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

okolip

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

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