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 95 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?

Adult head lice are gray, about ? inch long, and often have a tiny dot on their backs. A female can lay between 50 and 150 eggs within the several weeks that she is alive. They feed on human blood.

Did you know?

Intradermal injections are somewhat difficult to correctly administer because the skin layers are so thin that it is easy to accidentally punch through to the deeper subcutaneous layer.

Did you know?

The FDA recognizes 118 routes of administration.

Did you know?

Green tea is able to stop the scent of garlic or onion from causing bad breath.

Did you know?

Only 12 hours after an egg cell is fertilized by a sperm cell, the egg cell starts to divide. As it continues to divide, it moves along the fallopian tube toward the uterus at about 1 inch per day.

Sources of income for U.S. population aged 65 and over. Sources of income for U.S. population aged 65 and over.
Global Stratification: Income of the World's Nations Global Stratification: Income of the World's Nations
Distribution of the Income of Americans Distribution of the Income of Americans
Race-Ethnicity and Income Extremes Race-Ethnicity and Income Extremes
Capacitors in parallel and an equivalent capacitor Capacitors in parallel and an equivalent capacitor
Income Distribution in the United States, 2009 Income Distribution in the United States, 2009
Video: Frequency of stimulation and force (Recruitment of motor units and force)

For a complete list of videos, visit our video library