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

Author Question: Wealth is A) equivalent to saving. B) another name for income. C) the same as investment in ... (Read 48 times)

PhilipSeeMore

  • Hero Member
  • *****
  • Posts: 561
on: Jun 29, 2018
Wealth is
 
  A) equivalent to saving.
  B) another name for income.
  C) the same as investment in financial capital.
  D) defined as the money in your savings account.
  E) the value of all the things that a person owns.

Question 2

The President proposes a reduction of personal income marginal tax rates in the United States. When marginal tax rates are reduced, there is
 
  A) a decrease in the magnitude of the expenditure multiplier.
  B) an increase in the magnitude of the expenditure multiplier.
  C) a decrease in the marginal propensity to consume.
  D) no change in the slope of the AE line.
  E) an increase in the marginal propensity to consume.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

rleezy04

  • Sr. Member
  • ****
  • Posts: 322
Reply #1 on: Jun 29, 2018
Answer to Question 1

E

Answer to Question 2

B


PhilipSeeMore

  • Hero Member
  • *****
  • Posts: 561
Reply #2 on: Jun 29, 2018
Correct answers!


rleezy04

  • Sr. Member
  • ****
  • Posts: 322
Reply #3 on: Jun 29, 2018
Great! Please up vote :D


« previous next »
 

Did you know?

Stroke kills people from all ethnic backgrounds, but the people at highest risk for fatal strokes are: black men, black women, Asian men, white men, and white women.

Did you know?

All adverse reactions are commonly charted in red ink in the patient's record and usually are noted on the front of the chart. Failure to follow correct documentation procedures may result in malpractice lawsuits.

Did you know?

Side effects from substance abuse include nausea, dehydration, reduced productivitiy, and dependence. Though these effects usually worsen over time, the constant need for the substance often overcomes rational thinking.

Did you know?

A headache when you wake up in the morning is indicative of sinusitis. Other symptoms of sinusitis can include fever, weakness, tiredness, a cough that may be more severe at night, and a runny nose or nasal congestion.

Did you know?

Interferon was scarce and expensive until 1980, when the interferon gene was inserted into bacteria using recombinant DNA technology, allowing for mass cultivation and purification from bacterial cultures.

Two equivalent ways of drawing a phylogeny Two equivalent ways of drawing a phylogeny
Race-Ethnicity and Income Extremes Race-Ethnicity and Income Extremes
The Gender Pay Gap Over Time: What Percentage of Men's Income Do Women Earn? The Gender Pay Gap Over Time: What Percentage of Men's Income Do Women Earn?
Relationship between Income and Happiness in the United States Relationship between Income and Happiness in the United States
Equivalent Trig Expressions Equivalent Trig Expressions
Construct a Lorenz curve that shows income distribution in this society. Construct a Lorenz curve that shows income distribution in this society.
Video: Introduction to Breast Cancer

For a complete list of videos, visit our video library