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

Author Question: Raising taxes on interest and dividend income will increase the level of investment and economic ... (Read 43 times)

joe

  • Hero Member
  • *****
  • Posts: 627
Raising taxes on interest and dividend income will increase the level of investment and economic growth.
 
  Indicate whether the statement is true or false

Question 2

Suppose the demand for bananas increases. Explain how the price of bananas adjusts after the increase in demand.
 
  What will be an ideal response?



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

cici

  • Sr. Member
  • ****
  • Posts: 325
Answer to Question 1

FALSE

Answer to Question 2

If the demand for bananas rises, a shortage is created at the original equilibrium price. This means there will be upward pressure on price. As price rises, quantity demanded falls and quantity supplied increases until the two are equal.




joe

  • Member
  • Posts: 627
Reply 2 on: Jun 29, 2018
Wow, this really help


ktidd

  • Member
  • Posts: 319
Reply 3 on: Yesterday
Great answer, keep it coming :)

 

Did you know?

On average, the stomach produces 2 L of hydrochloric acid per day.

Did you know?

When taking monoamine oxidase inhibitors, people should avoid a variety of foods, which include alcoholic beverages, bean curd, broad (fava) bean pods, cheese, fish, ginseng, protein extracts, meat, sauerkraut, shrimp paste, soups, and yeast.

Did you know?

Children with strabismus (crossed eyes) can be treated. They are not able to outgrow this condition on their own, but with help, it can be more easily corrected at a younger age. It is important for infants to have eye examinations as early as possible in their development and then another at age 2 years.

Did you know?

People with alcoholism are at a much greater risk of malnutrition than are other people and usually exhibit low levels of most vitamins (especially folic acid). This is because alcohol often takes the place of 50% of their daily intake of calories, with little nutritional value contained in it.

Did you know?

Increased intake of vitamin D has been shown to reduce fractures up to 25% in older people.

For a complete list of videos, visit our video library