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Author Question: Raising taxes on interest and dividend income will increase the level of investment and economic ... (Read 62 times)

joe

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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?



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cici

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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

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Reply 2 on: Jun 29, 2018
:D TYSM


kthug

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Reply 3 on: Yesterday
Wow, this really help

 

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