[Answered] Mathematically, the value of the tax multiplier in terms of the marginal propensity to consume (MPC) ...

This topic contains a solution. Click here to go to the answer

Author Question: Mathematically, the value of the tax multiplier in terms of the marginal propensity to consume (MPC) ... (Read 37 times)

CBme

Hero Member
Posts: 548

on: Jun 30, 2018

Mathematically, the value of the tax multiplier in terms of the marginal propensity to consume (MPC) is given by the formula:
a. MPC 1.
b. (MPC 1) / MPC.
c. 1 / MPC.
d. 1 1 / (1 MPC).

Question 2

The equation specifying a direct relationship between the money supply and prices is the quantity theory of:
a. money.
b. prices.
c. exchange.
d. spending.
e. dollars.

Need homework help now?

Ask unlimited questions for free

Ask a Question

Marked as best answer by a Subject Expert

brittrenee

Sr. Member
Posts: 321

Reply #1 on: Jun 30, 2018

Answer to Question 1

d

Answer to Question 2

a

CBme

Hero Member
Posts: 548

Reply #2 on: Jun 30, 2018

Correct answers!

brittrenee

Sr. Member
Posts: 321

Reply #3 on: Jun 30, 2018

Great! Please up vote

« previous next »

Did you know?

Atropine, along with scopolamine and hyoscyamine, is found in the Datura stramonium plant, which gives hallucinogenic effects and is also known as locoweed.

Did you know?

Only one in 10 cancer deaths is caused by the primary tumor. The vast majority of cancer mortality is caused by cells breaking away from the main tumor and metastasizing to other parts of the body, such as the brain, bones, or liver.

Did you know?

Serum cholesterol testing in adults is recommended every 1 to 5 years. People with diabetes and a family history of high cholesterol should be tested even more frequently.

Did you know?

As the western states of America were settled, pioneers often had to drink rancid water from ponds and other sources. This often resulted in chronic diarrhea, causing many cases of dehydration and death that could have been avoided if clean water had been available.

Did you know?

There can actually be a 25-hour time difference between certain locations in the world. The International Date Line passes between the islands of Samoa and American Samoa. It is not a straight line, but "zig-zags" around various island chains. Therefore, Samoa and nearby islands have one date, while American Samoa and nearby islands are one day behind. Daylight saving time is used in some islands, but not in others—further shifting the hours out of sync with natural time.

A graphical representation of the marginal value theorem.

Rules for Forming Plurals Medical Terms (NOUNS)

Anatomical terms for location and direction.

$How to evaluate algebraic terms containing fractional exponents without a calculator$ How to evaluate algebraic terms containing fractional exponents without a calculator

The Brain and Alcohol As you consume more alcohol, additional areas of your brain are affected

Directional Terms

Author Question: Mathematically, the value of the tax multiplier in terms of the marginal propensity to consume (MPC) ... (Read 37 times)

Related Topics

Need homework help now?