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

Author Question: If the consumption function is given by C = 200 + 0.6YD, then an increase in taxes of 50 units will ... (Read 56 times)

scienceeasy

  • Hero Member
  • *****
  • Posts: 565
on: Jun 30, 2018
If the consumption function is given by C = 200 + 0.6YD, then an increase in taxes of 50 units will cause the IS schedule to
 
  a. shift to the right by 75 units..
  b. shift to the left by 50 units.
  c. shift to the left by 75 units.
  d. shift to the left by 125.

Question 2

Which of the following are equilibrium conditions in the simple Keynesian model?
 
  a. Ir = I
  b. G = T
  c. S + T = I + G
  d. Y = C + I + G
  e. A, c, and d


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

taylorsonier

  • Sr. Member
  • ****
  • Posts: 377
Reply #1 on: Jun 30, 2018
Answer to Question 1

C

Answer to Question 2

E


scienceeasy

  • Member
  • Posts: 565
Reply 2 on: Jun 30, 2018
Great answer, keep it coming :)

mcarey591

  • Member
  • Posts: 365
Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

« previous next »
 

Did you know?

Many supplement containers do not even contain what their labels say. There are many documented reports of products containing much less, or more, that what is listed on their labels. They may also contain undisclosed prescription drugs and even contaminants.

Did you know?

During pregnancy, a woman is more likely to experience bleeding gums and nosebleeds caused by hormonal changes that increase blood flow to the mouth and nose.

Did you know?

In most climates, 8 to 10 glasses of water per day is recommended for adults. The best indicator for adequate fluid intake is frequent, clear urination.

Did you know?

Stroke kills people from all ethnic backgrounds, but the people at highest risk for fatal strokes are: black men, black women, Asian men, white men, and white women.

Did you know?

Vaccines cause herd immunity. If the majority of people in a community have been vaccinated against a disease, an unvaccinated person is less likely to get the disease since others are less likely to become sick from it and spread the disease.

Overview of protein structure and function Overview of protein structure and function
How to find the indefinite integral of a function How to find the indefinite integral of a function
Hepatic Acinus Model of Liver Function Hepatic Acinus Model of Liver Function
Cultural Attitudes Toward Insect Consumption Cultural Attitudes Toward Insect Consumption
To satisfy the inequality, sketch the following function by hand and shade the graph regions. To satisfy the inequality, sketch the following function by hand and shade the graph regions.
Because the factor h on the right side of the Heisenberg uncertainty principle has units of ... Because the factor h on the right side of the Heisenberg uncertainty principle has units of ...
Video: Hormones and the menstrual cycle Animation

For a complete list of videos, visit our video library