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

Author Question: If the value of a government-taxation multiplier is 1.8, which of the following is likely to be true ... (Read 39 times)

Ebrown

  • Hero Member
  • *****
  • Posts: 567
on: Jun 30, 2018
If the value of a government-taxation multiplier is 1.8, which of the following is likely to be true if all other variables remain unchanged?
 
  A) A 1.80 increase in taxation increases gross domestic product by 1.80.
  B) A 1 reduction in taxation increases gross domestic product by 1.80.
  C) A 1 increase in taxation increases gross domestic product by 1.80.
  D) A 1.80 reduction in taxation increases gross domestic product by 1.80.

Question 2

A method of measuring the money supply by looking at money as a temporary store of value is the
 
  A) transactions approach. B) capital control.
  C) liquidity approach. D) fiduciary monetary system.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

nixon_s

  • Sr. Member
  • ****
  • Posts: 359
Reply #1 on: Jun 30, 2018
Answer to Question 1

B

Answer to Question 2

C


Ebrown

  • Member
  • Posts: 567
Reply 2 on: Jun 30, 2018
Great answer, keep it coming :)

yeungji

  • Member
  • Posts: 319
Reply 3 on: Yesterday
:D TYSM

« previous next »
 

Did you know?

Alzheimer's disease affects only about 10% of people older than 65 years of age. Most forms of decreased mental function and dementia are caused by disuse (letting the mind get lazy).

Did you know?

Glaucoma is a leading cause of blindness. As of yet, there is no cure. Everyone is at risk, and there may be no warning signs. It is six to eight times more common in African Americans than in whites. The best and most effective way to detect glaucoma is to receive a dilated eye examination.

Did you know?

All patients with hyperparathyroidism will develop osteoporosis. The parathyroid glands maintain blood calcium within the normal range. All patients with this disease will continue to lose calcium from their bones every day, and there is no way to prevent the development of osteoporosis as a result.

Did you know?

Approximately 15–25% of recognized pregnancies end in miscarriage. However, many miscarriages often occur before a woman even knows she is pregnant.

Did you know?

Dogs have been used in studies to detect various cancers in human subjects. They have been trained to sniff breath samples from humans that were collected by having them breathe into special tubes. These people included 55 lung cancer patients, 31 breast cancer patients, and 83 cancer-free patients. The dogs detected 54 of the 55 lung cancer patients as having cancer, detected 28 of the 31 breast cancer patients, and gave only three false-positive results (detecting cancer in people who didn't have it).

True Forget-Me-Not True Forget-Me-Not
True Friendship True Friendship
This chart illustrates the bottom up assumption about government. In this, attitudes, culture, and This chart illustrates the bottom up assumption about government. In this, attitudes, culture, and
The world has been horrified recently at a U.S. Congress so polarized and paralyzed that it cannot p The world has been horrified recently at a U.S. Congress so polarized and paralyzed that it cannot p
True Dover Sole True Dover Sole
A government of Ontario 364-day T-bills with a face value of $50 000 were purchased on January ... A government of Ontario 364-day T-bills with a face value of $50 000 were purchased on January ...
Video: Interview with Person who has Schizophrenia

For a complete list of videos, visit our video library