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Author Question: Federal taxes increased in 1932, 1935 and 1937, and Social Security taxes were imposed in 1937 . ... (Read 151 times)

SGallaher96

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on: Jun 30, 2018
Federal taxes increased in 1932, 1935 and 1937, and Social Security taxes were imposed in 1937 . Which group is credited for these tax increases during the Great Depression?
 
  (a) Classical economists
  (b) Keynesian economists
  (c) Monetarists
  (d) Government officials and special interest groups

Question 2

According to the neoclassical growth model, if a country makes a policy change to increase its savings rate, in the new steady state:
 
  a. output per worker will grow faster than before.
  b. output per worker will grow at the rate of technology growth.
  c. capital per worker will be permanently higher.
  d. all of the above.


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iceage

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

(d)

Answer to Question 2

D


SGallaher96

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Reply #2 on: Jun 30, 2018
Correct answers!


iceage

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Reply #3 on: Jun 30, 2018
Great! Please up vote :D


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