This topic contains a solution. Click here to go to the answer

Author Question: Unlike previous and future wars, the United States' federal government did not need to impose an ... (Read 90 times)

ssal

  • Hero Member
  • *****
  • Posts: 572
Unlike previous and future wars, the United States' federal government did not need to impose an income tax to finance the Civil War (18611865).
 
  Indicate whether the statement is true or false

Question 2

If government spending and tax collections both increase by the same amount, then according to the classical loanable funds market:
 
  a. the demand for loanable funds will increase and the interest rate will rise.
  b. the demand for loanable funds will fall and the interest rate will rise.
  c. savings will rise and interest rates will fall.
  d. nothing will shift and the interest rate will remain constant.
  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

livaneabi

  • Sr. Member
  • ****
  • Posts: 328
Answer to Question 1

False

Answer to Question 2

B





 

Did you know?

People about to have surgery must tell their health care providers about all supplements they take.

Did you know?

Medications that are definitely not safe to take when breastfeeding include radioactive drugs, antimetabolites, some cancer (chemotherapy) agents, bromocriptine, ergotamine, methotrexate, and cyclosporine.

Did you know?

Cancer has been around as long as humankind, but only in the second half of the twentieth century did the number of cancer cases explode.

Did you know?

The liver is the only organ that has the ability to regenerate itself after certain types of damage. As much as 25% of the liver can be removed, and it will still regenerate back to its original shape and size. However, the liver cannot regenerate after severe damage caused by alcohol.

Did you know?

Intradermal injections are somewhat difficult to correctly administer because the skin layers are so thin that it is easy to accidentally punch through to the deeper subcutaneous layer.

For a complete list of videos, visit our video library