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

Author Question: If real GDP exceeds potential GDP, to move the economy to potential GDP the Fed A) raises the ... (Read 131 times)

mynx

  • Hero Member
  • *****
  • Posts: 555
on: Jun 29, 2018
If real GDP exceeds potential GDP, to move the economy to potential GDP the Fed
 
  A) raises the federal funds rate to increase potential GDP but not real GDP.
  B) lowers the federal funds rate to decrease real GDP but not potential GDP.
  C) raises the federal funds rate to decrease real GDP but not potential GDP.
  D) lowers the federal funds rate to increase potential GDP but not real GDP.
  E) raises the federal funds rate to decrease both real GDP and potential GDP.

Question 2

Refer to the table above. If Tom has a taxable income of 62,000, he faces a marginal tax rate of ________.
 
  A) 10
  B) 15
  C) 20
  D) 30


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

kaillie

  • Sr. Member
  • ****
  • Posts: 326
Reply #1 on: Jun 29, 2018
Answer to Question 1

C

Answer to Question 2

C


mynx

  • Hero Member
  • *****
  • Posts: 555
Reply #2 on: Jun 29, 2018
Thank you :)


kaillie

  • Sr. Member
  • ****
  • Posts: 326
Reply #3 on: Jun 29, 2018
Happy to help you


« previous next »
 

Did you know?

In inpatient settings, adverse drug events account for an estimated one in three of all hospital adverse events. They affect approximately 2 million hospital stays every year, and prolong hospital stays by between one and five days.

Did you know?

Your skin wrinkles if you stay in the bathtub a long time because the outermost layer of skin (which consists of dead keratin) swells when it absorbs water. It is tightly attached to the skin below it, so it compensates for the increased area by wrinkling. This happens to the hands and feet because they have the thickest layer of dead keratin cells.

Did you know?

The use of salicylates dates back 2,500 years to Hippocrates’s recommendation of willow bark (from which a salicylate is derived) as an aid to the pains of childbirth. However, overdosage of salicylates can harm body fluids, electrolytes, the CNS, the GI tract, the ears, the lungs, the blood, the liver, and the kidneys and cause coma or death.

Did you know?

Autoimmune diseases occur when the immune system destroys its own healthy tissues. When this occurs, white blood cells cannot distinguish between pathogens and normal cells.

Did you know?

Complications of influenza include: bacterial pneumonia, ear and sinus infections, dehydration, and worsening of chronic conditions such as asthma, congestive heart failure, or diabetes.

Pupil Assessment, Move Penlight directly in Front of Pupil Pupil Assessment, Move Penlight directly in Front of Pupil
Refractory periods associated with an action potential. Refractory periods associated with an action potential.
Distance from Initial Change in Membrane Potential vs. Voltage Change Relative to Initial Change Distance from Initial Change in Membrane Potential vs. Voltage Change Relative to Initial Change
North America and the Global Economy North America and the Global Economy
Lift sides of waist with deep effleurage strokes from the side. Move to opposite side and reach over ... Lift sides of waist with deep effleurage strokes from the side. Move to opposite side and reach over ...
Prophase Chromosomes coil up and condense; centrioles divide and move apart Prophase Chromosomes coil up and condense; centrioles divide and move apart
Video: Introduction to Sleep Apnea

For a complete list of videos, visit our video library