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

Author Question: An economy experiences a recessionary ga A) falls, shifting the aggregate supply curve rightward. ... (Read 64 times)

kshipps

  • Hero Member
  • *****
  • Posts: 571
An economy experiences a recessionary ga
 
  A) falls, shifting the aggregate supply curve rightward.
  B) rises, shifting the aggregate supply curve leftward.
  C) rises, shifting the aggregate demand curve rightward.
  D) falls, shifting the aggregate demand curve leftward.
  E) falls, increasing potential GDP.

Question 2

The marginal income tax rate is the ________.
 
  A) total tax paid by an individual divided by the total income earned
  B) difference between the highest and lowest income tax rates charged by a state
  C) percentage of the last dollar earned that a household pays in taxes
  D) total revenue received by the government divided by the number of taxpayers



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

ndhahbi

  • Sr. Member
  • ****
  • Posts: 390
Answer to Question 1

A

Answer to Question 2

C




kshipps

  • Member
  • Posts: 571
Reply 2 on: Jun 29, 2018
YES! Correct, THANKS for helping me on my review


bbburns21

  • Member
  • Posts: 336
Reply 3 on: Yesterday
Gracias!

 

Did you know?

Hippocrates noted that blood separates into four differently colored liquids when removed from the body and examined: a pure red liquid mixed with white liquid material with a yellow-colored froth at the top and a black substance that settles underneath; he named these the four humors (for blood, phlegm, yellow bile, and black bile).

Did you know?

According to the National Institute of Environmental Health Sciences, lung disease is the third leading killer in the United States, responsible for one in seven deaths. It is the leading cause of death among infants under the age of one year.

Did you know?

Individuals are never “cured” of addictions. Instead, they learn how to manage their disease to lead healthy, balanced lives.

Did you know?

The heart is located in the center of the chest, with part of it tipped slightly so that it taps against the left side of the chest.

Did you know?

In the United States, congenital cytomegalovirus causes one child to become disabled almost every hour. CMV is the leading preventable viral cause of development disability in newborns. These disabilities include hearing or vision loss, and cerebral palsy.

For a complete list of videos, visit our video library