Author Question: When drawn against current income, the slope of the Cd (r) + Id (r) + G curve is equal to the ... (Read 51 times)

jCorn1234

  • Hero Member
  • *****
  • Posts: 545
When drawn against current income, the slope of the Cd (r) + Id (r) + G curve is equal to the marginal
 
  A) product of capital.
  B) product of labor.
  C) propensity to consume.
  D) propensity to save.

Question 2

If policy makers desire a 30 increase in output and the consumption function is C = 100 + .75(Y-T), then they must
 
  a. increase government spending by 8.
  b. increase taxes by 10.
  c. cut government spending and taxes by 10.
  d. decrease taxes by 10.



ebonylittles

  • Sr. Member
  • ****
  • Posts: 318
Answer to Question 1

C

Answer to Question 2

C



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

Tobacco depletes the body of vitamins A, C, and E, which can result in any of the following: dry hair, dry skin, dry eyes, poor growth, night blindness, abscesses, insomnia, fatigue, reproductive system problems, sinusitis, pneumonia, frequent respiratory problems, skin disorders, weight loss, rickets, osteomalacia, nervousness, muscle spasms, leg cramps, extremity numbness, bone malformations, decayed teeth, difficulty in walking, irritability, restlessness, profuse sweating, increased uric acid (gout), joint damage, damaged red blood cells, destruction of nerves, infertility, miscarriage, and many types of cancer.

Did you know?

Women are 50% to 75% more likely than men to experience an adverse drug reaction.

Did you know?

Urine turns bright yellow if larger than normal amounts of certain substances are consumed; one of these substances is asparagus.

Did you know?

Critical care patients are twice as likely to receive the wrong medication. Of these errors, 20% are life-threatening, and 42% require additional life-sustaining treatments.

Did you know?

Vaccines cause herd immunity. If the majority of people in a community have been vaccinated against a disease, an unvaccinated person is less likely to get the disease since others are less likely to become sick from it and spread the disease.

For a complete list of videos, visit our video library