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Author Question: The degree to which _____ declines during a recession or increases during an expansion depends on ... (Read 96 times)

storky111

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on: Jun 30, 2018
The degree to which _____ declines during a recession or increases during an expansion depends on the amount by which the AD and/or AS curves shift.
 a. real GDP
  b. government tax revenue
  c. the money supply
  d. real interest rate
  e. the consumer price index

Question 2

A reduction in the rate at which stock dividends are taxed will lead to greater investment in the stock market. This is an example of:
 a. a positive economic statement.
 b. a negative economic statement.
  c. the fallacy of composition.
 d. a normative economic statement.


coreycathey

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

a

Answer to Question 2

a


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storky111

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Reply #2 on: Jun 30, 2018
Thank you :)


coreycathey

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Reply #3 on: Jun 30, 2018
Happy to help you


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