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

Author Question: Taxes provide individuals with incentive to: (a) Increase the number of working hours. (b) ... (Read 56 times)

ahriuashd

  • Hero Member
  • *****
  • Posts: 535
on: Jun 30, 2018
Taxes provide individuals with incentive to:
 
  (a) Increase the number of working hours.
  (b) Increase productivity by working longer and harder.
  (c) Direct resources to uses where taxes are relatively low or nonexistent.
  (d) Buy and save more.

Question 2

Friedman's theory of money demand differs from Keynes' in that
 
  a. Friedman assumes that the demand for money is highly elastic while Keynes assumes money demand is inelastic.
  b. Friedman assumes that the money demand function is highly stable while Keynes assumes it is unstable.
  c. Friedman assumes that there is only a speculative demand for money while Keynes also considers the precautionary and transactionary demands for money.
  d. Friedman assumes that the proportion of income held in the form of money is constant while Keynes believes it varies.
  e. both b and d.


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

(c)

Answer to Question 2

E


ahriuashd

  • Member
  • Posts: 535
Reply 2 on: Jun 30, 2018
:D TYSM

meganmoser117

  • Member
  • Posts: 303
Reply 3 on: Yesterday
Great answer, keep it coming :)

« previous next »
 

Did you know?

More than 50% of American adults have oral herpes, which is commonly known as "cold sores" or "fever blisters." The herpes virus can be active on the skin surface without showing any signs or causing any symptoms.

Did you know?

When intravenous medications are involved in adverse drug events, their harmful effects may occur more rapidly, and be more severe than errors with oral medications. This is due to the direct administration into the bloodstream.

Did you know?

There are more sensory neurons in the tongue than in any other part of the body.

Did you know?

Parkinson's disease is both chronic and progressive. This means that it persists over a long period of time and that its symptoms grow worse over time.

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.

Differences in the number and location of flagella. Differences in the number and location of flagella.
When working with the patient with impaired hearing, the interpreter needs to direct questions to th When working with the patient with impaired hearing, the interpreter needs to direct questions to th
Changes in chromosome number Changes in chromosome number
Multiple-dose drug administration. Drug A and drug B are administered every 12 hours. Drug B reaches ... Multiple-dose drug administration. Drug A and drug B are administered every 12 hours. Drug B reaches ...
A group of children were asked how many hours a day they spend watching television. A group of children were asked how many hours a day they spend watching television.
In situ hybridization of a zebrafish embryo 48 hours after fertilization In situ hybridization of a zebrafish embryo 48 hours after fertilization
Video: Type of Transport - Active and Passive Processes

For a complete list of videos, visit our video library