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

Author Question: After government is added to the income-expenditure model, the formula for the aggregate consumption ... (Read 46 times)

appyboo

  • Hero Member
  • *****
  • Posts: 527
on: Apr 19, 2019

Question 1

In 2016, the city of Miketown collected $250,000 in taxes and spent $350,000. In 2016, the city of Miketown had a


◦ budget surplus of $100,000.
◦ budget surplus of 57%.
◦ budget deficit of $100,000.
◦ budget deficit of $200,000.

Question 2

After government is added to the income-expenditure model, the formula for the aggregate consumption function is


◦ C = 
a - 
b(
Y - 
T).
◦ C = 
a - 
b(
T - 
Y).
◦ C = 
a + 
b(
Y + 
T).
◦ C = 
a + 
b(
Y - 
T).
Principles of Economics ¦ Case, Fair, Oster ¦ 12th Edition
Buy Test-Bank


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by appyboo on Apr 19, 2019

millet

  • Sr. Member
  • ****
  • Posts: 354
Reply #1 on: Apr 19, 2019
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
Answer Preview
Only 25% of students answer this correctly


appyboo

  • Member
  • Posts: 527
Reply 2 on: Apr 19, 2019
:D TYSM

ultraflyy23

  • Member
  • Posts: 312
Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

« previous next »
 

Did you know?

Barbituric acid, the base material of barbiturates, was first synthesized in 1863 by Adolph von Bayer. His company later went on to synthesize aspirin for the first time, and Bayer aspirin is still a popular brand today.

Did you know?

The top 10 most important tips that will help you grow old gracefully include (1) quit smoking, (2) keep your weight down, (3) take supplements, (4) skip a meal each day or fast 1 day per week, (5) get a pet, (6) get medical help for chronic pain, (7) walk regularly, (8) reduce arguments, (9) put live plants in your living space, and (10) do some weight training.

Did you know?

There are major differences in the metabolism of morphine and the illegal drug heroin. Morphine mostly produces its CNS effects through m-receptors, and at k- and d-receptors. Heroin has a slight affinity for opiate receptors. Most of its actions are due to metabolism to active metabolites (6-acetylmorphine, morphine, and morphine-6-glucuronide).

Did you know?

People with high total cholesterol have about two times the risk for heart disease as people with ideal levels.

Did you know?

There are more bacteria in your mouth than there are people in the world.

A Simple Neural Model of Classical Conditioning A Simple Neural Model of Classical Conditioning
Model of transporter passage through an NPC Model of transporter passage through an NPC
Kaplan’s Three-Stage Model of Sexual Response Kaplan’s Three-Stage Model of Sexual Response
Tangential flow filtration model Tangential flow filtration model
A current model for protein secretion by prokaryotes A current model for protein secretion by prokaryotes
How an Increase in Income Inequality Affects the Desired Tax Rate How an Increase in Income Inequality Affects the Desired Tax Rate
Video: TRH/TSH/Thyroid hormone

For a complete list of videos, visit our video library