Author Question: The majority of blacks were shipped from West Africa, but some also came from Madagascar and ... (Read 56 times)

dmcintosh · **on:** Jun 30, 2018

The majority of blacks were shipped from West Africa, but some also came from Madagascar and Zanzibar.

Indicate whether the statement is true or false

Question 2

Apply the concept of tax smoothing to the debate over tax-based versus spending-based fiscal stimulus.

What will be an ideal response?

janeli · **Reply #1 on:** Jun 30, 2018

Answer to Question 1

True

Answer to Question 2

Tax smoothing implies that changing tax rates ought not to be considered as a tool for short-run economic stabilization. Fluctuations of government spending and the government budget are far less distortionary.