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

Author Question: A permanent decrease in taxes leads to A) a small increase in current consumption. B) a large ... (Read 26 times)

strangeaffliction

  • Hero Member
  • *****
  • Posts: 660
on: Jun 30, 2018
A permanent decrease in taxes leads to
 
  A) a small increase in current consumption.
  B) a large increase in current consumption.
  C) a small decrease in future consumption.
  D) a large decrease in future consumption.

Question 2

In the monetary small open-economy model, a flexible exchange rate insulates the domestic price level from
 
  A) both real and nominal shocks from abroad.
  B) real shocks from abroad, but not from nominal shocks from abroad.
  C) nominal shocks from abroad, but not from real shocks from abroad.
  D) neither real nor nominal shocks from abroad.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

macagnavarro

  • Sr. Member
  • ****
  • Posts: 334
Reply #1 on: Jun 30, 2018
Answer to Question 1

B

Answer to Question 2

C


strangeaffliction

  • Member
  • Posts: 660
Reply 2 on: Jun 30, 2018
:D TYSM

xiazhe

  • Member
  • Posts: 331
Reply 3 on: Yesterday
Great answer, keep it coming :)

« previous next »
 

Did you know?

Children of people with alcoholism are more inclined to drink alcohol or use hard drugs. In fact, they are 400 times more likely to use hard drugs than those who do not have a family history of alcohol addiction.

Did you know?

Blood in the urine can be a sign of a kidney stone, glomerulonephritis, or other kidney problems.

Did you know?

Only 12 hours after an egg cell is fertilized by a sperm cell, the egg cell starts to divide. As it continues to divide, it moves along the fallopian tube toward the uterus at about 1 inch per day.

Did you know?

Not getting enough sleep can greatly weaken the immune system. Lack of sleep makes you more likely to catch a cold, or more difficult to fight off an infection.

Did you know?

Street names for barbiturates include reds, red devils, yellow jackets, blue heavens, Christmas trees, and rainbows. They are commonly referred to as downers.

Comparison of small subunit rRNA gene sequences from three eukaryotes and three bacterial species Comparison of small subunit rRNA gene sequences from three eukaryotes and three bacterial species
GI endoscopy. (a) Similar to other forms of GI endoscopy, laparoscopy involves the insertion of a sp GI endoscopy. (a) Similar to other forms of GI endoscopy, laparoscopy involves the insertion of a sp
Grace Service, a YMCA missionary, explained that these porters worked at the base of Mount Omei in S Grace Service, a YMCA missionary, explained that these porters worked at the base of Mount Omei in S
Hookup for testing fuel-pump current draw on any vehicle equipped with a fuel-pump relay. Hookup for testing fuel-pump current draw on any vehicle equipped with a fuel-pump relay.
How an Increase in Income Inequality Affects the Desired Tax Rate How an Increase in Income Inequality Affects the Desired Tax Rate
Explain how it can be desirable from an intertemporal perspective for a country run a current ... Explain how it can be desirable from an intertemporal perspective for a country run a current ...
Video: Hormonal regulation of blood pressure - RAA system

For a complete list of videos, visit our video library