« previous next »

Author Question: A rule of thumb is that a 1 increase in output leads automatically to a reduction in the deficit of ... (Read 41 times)

big1devin

  • Hero Member
  • *****
  • Posts: 583
on: Jun 30, 2018
A rule of thumb is that a 1 increase in output leads automatically to a reduction in the deficit of what percentage of GDP?
 
  A) 0.5
  B) 1
  C) 1.5
  D) 2

Question 2

The Ricardian Equivalence proposition suggests that a tax increase that causes a budget surplus will
 
  A) cause an increase in output.
  B) cause no change in output.
  C) cause a reduction in output.
  D) a reduction in consumption.


zenzy

  • Sr. Member
  • ****
  • Posts: 336
Reply #1 on: Jun 30, 2018
Answer to Question 1

A

Answer to Question 2

B


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

People often find it difficult to accept the idea that bacteria can be beneficial and improve health. Lactic acid bacteria are good, and when eaten, these bacteria improve health and increase longevity. These bacteria included in foods such as yogurt.

Did you know?

The cure for trichomoniasis is easy as long as the patient does not drink alcoholic beverages for 24 hours. Just a single dose of medication is needed to rid the body of the disease. However, without proper precautions, an individual may contract the disease repeatedly. In fact, most people develop trichomoniasis again within three months of their last treatment.

Did you know?

The longest a person has survived after a heart transplant is 24 years.

Did you know?

A cataract is a clouding of the eyes' natural lens. As we age, some clouding of the lens may occur. The first sign of a cataract is usually blurry vision. Although glasses and other visual aids may at first help a person with cataracts, surgery may become inevitable. Cataract surgery is very successful in restoring vision, and it is the most frequently performed surgery in the United States.

Did you know?

The use of salicylates dates back 2,500 years to Hippocrates’s recommendation of willow bark (from which a salicylate is derived) as an aid to the pains of childbirth. However, overdosage of salicylates can harm body fluids, electrolytes, the CNS, the GI tract, the ears, the lungs, the blood, the liver, and the kidneys and cause coma or death.

Recombinants are meiotic output different from meiotic input Recombinants are meiotic output different from meiotic input
The medical assistant is measuring the urine output from a patient who has an indwelling Foley ... The medical assistant is measuring the urine output from a patient who has an indwelling Foley ...
A typical camshaft-driven high-pressure pump used to increase fuel pressure to 2,000 PSI or higher. A typical camshaft-driven high-pressure pump used to increase fuel pressure to 2,000 PSI or higher.
How to use Cramer's rule to solve a second-order determinant (Question 1) How to use Cramer's rule to solve a second-order determinant (Question 1)
Greenhouse gases increase in the stratosphere Greenhouse gases increase in the stratosphere
How an Increase in Income Inequality Affects the Desired Tax Rate How an Increase in Income Inequality Affects the Desired Tax Rate
Video: Appendicitis Animation

For a complete list of videos, visit our video library