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

Author Question: Unlike previous and future wars, the United States' federal government did not need to impose an ... (Read 75 times)

ssal

  • Hero Member
  • *****
  • Posts: 572
on: Jun 30, 2018
Unlike previous and future wars, the United States' federal government did not need to impose an income tax to finance the Civil War (18611865).
 
  Indicate whether the statement is true or false

Question 2

If government spending and tax collections both increase by the same amount, then according to the classical loanable funds market:
 
  a. the demand for loanable funds will increase and the interest rate will rise.
  b. the demand for loanable funds will fall and the interest rate will rise.
  c. savings will rise and interest rates will fall.
  d. nothing will shift and the interest rate will remain constant.
  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

livaneabi

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

False

Answer to Question 2

B


ssal

  • Hero Member
  • *****
  • Posts: 572
Reply #2 on: Jun 30, 2018
Correct answers!


livaneabi

  • Sr. Member
  • ****
  • Posts: 328
Reply #3 on: Jun 30, 2018
Great! Please up vote :D


« previous next »
 

Did you know?

A seasonal flu vaccine is the best way to reduce the chances you will get seasonal influenza and spread it to others.

Did you know?

ACTH levels are normally highest in the early morning (between 6 and 8 A.M.) and lowest in the evening (between 6 and 11 P.M.). Therefore, a doctor who suspects abnormal levels looks for low ACTH in the morning and high ACTH in the evening.

Did you know?

Your skin wrinkles if you stay in the bathtub a long time because the outermost layer of skin (which consists of dead keratin) swells when it absorbs water. It is tightly attached to the skin below it, so it compensates for the increased area by wrinkling. This happens to the hands and feet because they have the thickest layer of dead keratin cells.

Did you know?

The human body's pharmacokinetics are quite varied. Our hair holds onto drugs longer than our urine, blood, or saliva. For example, alcohol can be detected in the hair for up to 90 days after it was consumed. The same is true for marijuana, cocaine, ecstasy, heroin, methamphetamine, and nicotine.

Did you know?

There are immediate benefits of chiropractic adjustments that are visible via magnetic resonance imaging (MRI). It shows that spinal manipulation therapy is effective in decreasing pain and increasing the gaps between the vertebrae, reducing pressure that leads to pain.

Bilingualism in the United States Bilingualism in the United States
Many thought ideological politics was over in the United States, but 2012 showed strong ideological Many thought ideological politics was over in the United States, but 2012 showed strong ideological
A depiction of slaves on a South Carolina plantation, around 1790. Likely of Yoruba descent, they pl A depiction of slaves on a South Carolina plantation, around 1790. Likely of Yoruba descent, they pl
Largest nitric acid plants in the United States Largest nitric acid plants in the United States
Weight management is such a hot topic in the United States that it is frequently Weight management is such a hot topic in the United States that it is frequently
Video: Mechanisms of capillary exchange (transcytosis & bulk flow)

For a complete list of videos, visit our video library