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

Author Question: The Laffer curve specifies a. a negative relationship between marginal tax rates and tax revenue. ... (Read 92 times)

nramada

  • Hero Member
  • *****
  • Posts: 580
on: Jun 30, 2018
The Laffer curve specifies
 
  a. a negative relationship between marginal tax rates and tax revenue.
  b. a positive relationship between marginal tax rates and tax revenue.
  c. no relationship between marginal tax rates and tax revenue.
  d. none of the above.

Question 2

In the modern Keynesian model, velocity
 
  a. varies positively with the level of the interest rate but not with income.
  b. varies positively with the level of the interest rate and with income.
  c. is constant.
  d. varies in the short run but is constant in the long run.
  e. none of the above


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

matt95

  • Sr. Member
  • ****
  • Posts: 317
Reply #1 on: Jun 30, 2018
Answer to Question 1

D

Answer to Question 2

A


nramada

  • Member
  • Posts: 580
Reply 2 on: Jun 30, 2018
:D TYSM

nathang24

  • Member
  • Posts: 314
Reply 3 on: Yesterday
Great answer, keep it coming :)

« previous next »
 

Did you know?

A strange skin disease referred to as Morgellons has occurred in the southern United States and in California. Symptoms include slowly healing sores, joint pain, persistent fatigue, and a sensation of things crawling through the skin. Another symptom is strange-looking, threadlike extrusions coming out of the skin.

Did you know?

Patients who cannot swallow may receive nutrition via a parenteral route—usually, a catheter is inserted through the chest into a large vein going into the heart.

Did you know?

Drugs are in development that may cure asthma and hay fever once and for all. They target leukotrienes, which are known to cause tightening of the air passages in the lungs and increase mucus productions in nasal passages.

Did you know?

Aspirin is the most widely used drug in the world. It has even been recognized as such by the Guinness Book of World Records.

Did you know?

Acute bronchitis is an inflammation of the breathing tubes (bronchi), which causes increased mucus production and other changes. It is usually caused by bacteria or viruses, can be serious in people who have pulmonary or cardiac diseases, and can lead to pneumonia.

Blood pressure and blood volume relationship Blood pressure and blood volume relationship
Gonorrhea Rates in the United States Gonorrhea Rates in the United States
Relationship between inorganic and organic nitrogen metabolism Relationship between inorganic and organic nitrogen metabolism
Marginal Products of Physical and Human Capital Marginal Products of Physical and Human Capital
Relationship between Latitude and Income per Capita Relationship between Latitude and Income per Capita
Normal frequency distribution, characterized by a bell-shaped curve Normal frequency distribution, characterized by a bell-shaped curve
Video: The Nerve Impulse

For a complete list of videos, visit our video library