« previous next »

Author Question: A given change in either someone's income or net taxes would have a greater effect on their ... (Read 53 times)

strangeaffliction

  • Hero Member
  • *****
  • Posts: 660
on: Jun 30, 2018
A given change in either someone's income or net taxes would have a greater effect on their consumption spending the greater their MPC.
 a. True
  b. False
  Indicate whether the statement is true or false

Question 2

A major benefit of automatic stabilizers is that they:
 a. guarantee a balanced budget over the course of the business cycle.
  b. have a tendency to reduce the national debt.
  c. help increase recessionary gaps in the economy.
  d. moderate the effect of fluctuations in the business cycle.
  e. require legislative review by Congress before they can be implemented.


Kdiggy

  • Sr. Member
  • ****
  • Posts: 340
Reply #1 on: Jun 30, 2018
Answer to Question 1

True

Answer to Question 2

d


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

More than one-third of adult Americans are obese. Diseases that kill the largest number of people annually, such as heart disease, cancer, diabetes, stroke, and hypertension, can be attributed to diet.

Did you know?

Certain topical medications such as clotrimazole and betamethasone are not approved for use in children younger than 12 years of age. They must be used very cautiously, as directed by a doctor, to treat any child. Children have a much greater response to topical steroid medications.

Did you know?

The human body's pharmacokinetics are quite varied. Our hair holds onto drugs longer than our urine, blood, or saliva. For example, alcohol can be detected in the hair for up to 90 days after it was consumed. The same is true for marijuana, cocaine, ecstasy, heroin, methamphetamine, and nicotine.

Did you know?

The Food and Drug Administration has approved Risperdal, an adult antipsychotic drug, for the symptomatic treatment of irritability in children and adolescents with autism. The approval is the first for the use of a drug to treat behaviors associated with autism in children. These behaviors are included under the general heading of irritability and include aggression, deliberate self-injury, and temper tantrums.

Did you know?

There are major differences in the metabolism of morphine and the illegal drug heroin. Morphine mostly produces its CNS effects through m-receptors, and at k- and d-receptors. Heroin has a slight affinity for opiate receptors. Most of its actions are due to metabolism to active metabolites (6-acetylmorphine, morphine, and morphine-6-glucuronide).

Greater sage grouse Greater sage grouse
Distribution of the Income of Americans Distribution of the Income of Americans
Global Climate Change Global Climate Change
Recent Climate Change Recent Climate Change
The First-Pass Effect The First-Pass Effect
Change is hard at first messy in the middle and gorgeous at the end Change is hard at first messy in the middle and gorgeous at the end
Video: Major Elements in Biological Molecules: Carbohydrates

For a complete list of videos, visit our video library