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

Author Question: The Laffer curve specifies a. a negative relationship between marginal tax rates and tax revenue. ... (Read 59 times)

nramada

  • Hero Member
  • *****
  • Posts: 580
on: Jun 30, 2018
The Laffer curve specifies
 
  a. a negative relationship between marginal tax rates and tax revenue.
  b. a positive relationship between marginal tax rates and tax revenue.
  c. no relationship between marginal tax rates and tax revenue.
  d. none of the above.

Question 2

In the modern Keynesian model, velocity
 
  a. varies positively with the level of the interest rate but not with income.
  b. varies positively with the level of the interest rate and with income.
  c. is constant.
  d. varies in the short run but is constant in the long run.
  e. none of the above


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

matt95

  • Sr. Member
  • ****
  • Posts: 317
Reply #1 on: Jun 30, 2018
Answer to Question 1

D

Answer to Question 2

A


nramada

  • Member
  • Posts: 580
Reply 2 on: Jun 30, 2018
Great answer, keep it coming :)

matt95

  • Member
  • Posts: 317
Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

« previous next »
 

Did you know?

Though Candida and Aspergillus species are the most common fungal pathogens causing invasive fungal disease in the immunocompromised, infections due to previously uncommon hyaline and dematiaceous filamentous fungi are occurring more often today. Rare fungal infections, once accurately diagnosed, may require surgical debridement, immunotherapy, and newer antifungals used singly or in combination with older antifungals, on a case-by-case basis.

Did you know?

As many as 20% of Americans have been infected by the fungus known as Histoplasmosis. While most people are asymptomatic or only have slight symptoms, infection can progress to a rapid and potentially fatal superinfection.

Did you know?

The lipid bilayer is made of phospholipids. They are arranged in a double layer because one of their ends is attracted to water while the other is repelled by water.

Did you know?

During the twentieth century, a variant of the metric system was used in Russia and France in which the base unit of mass was the tonne. Instead of kilograms, this system used millitonnes (mt).

Did you know?

Elderly adults are at greatest risk of stroke and myocardial infarction and have the most to gain from prophylaxis. Patients ages 60 to 80 years with blood pressures above 160/90 mm Hg should benefit from antihypertensive treatment.

Gram Negative Testing Gram Negative Testing
Gram negative flowchart Gram negative flowchart
Teenage Pregnancy Rates in Developed Countries Teenage Pregnancy Rates in Developed Countries
Positive and Negative Punishment Positive and Negative Punishment
Relationship Between the Atlas and the Axis. The Dens of the Axis Provides a Pivotal Point Around Wh Relationship Between the Atlas and the Axis. The Dens of the Axis Provides a Pivotal Point Around Wh
Typical bacterial population growth curve showing the initial lag phase Typical bacterial population growth curve showing the initial lag phase
Video: T cell receptors

For a complete list of videos, visit our video library