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Author Question: According to the traditional Keynesian approach, a tax cut raises aggregate demand because A) a ... (Read 136 times)

DyllonKazuo

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on: Jun 30, 2018
According to the traditional Keynesian approach, a tax cut raises aggregate demand because
 
  A) a tax cut always results in a balanced budget.
  B) taxes are part of the C + I + G + X line.
  C) taxpayers anticipate a tax increase in the future.
  D) disposable income available to consumers increases.

Question 2

________ is the total value of final goods and services produced within the borders of a country, using current market prices to determine the value of each unit that is produced.
 
  A) Gross national product B) Real gross domestic product
  C) Nominal gross domestic product D) Total product


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jomama

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Reply #1 on: Jun 30, 2018
Answer to Question 1

D

Answer to Question 2

C


DyllonKazuo

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Reply 2 on: Jun 30, 2018
YES! Correct, THANKS for helping me on my review

ricroger

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Reply 3 on: Yesterday
Excellent

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