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

Author Question: If the consumption function is given by C = 200 + 0.6YD, then an increase in taxes of 50 units will ... (Read 57 times)

scienceeasy

  • Hero Member
  • *****
  • Posts: 565
on: Jun 30, 2018
If the consumption function is given by C = 200 + 0.6YD, then an increase in taxes of 50 units will cause the IS schedule to
 
  a. shift to the right by 75 units..
  b. shift to the left by 50 units.
  c. shift to the left by 75 units.
  d. shift to the left by 125.

Question 2

Which of the following are equilibrium conditions in the simple Keynesian model?
 
  a. Ir = I
  b. G = T
  c. S + T = I + G
  d. Y = C + I + G
  e. A, c, and d


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

taylorsonier

  • Sr. Member
  • ****
  • Posts: 377
Reply #1 on: Jun 30, 2018
Answer to Question 1

C

Answer to Question 2

E


scienceeasy

  • Member
  • Posts: 565
Reply 2 on: Jun 30, 2018
Great answer, keep it coming :)

Sarahjh

  • Member
  • Posts: 370
Reply 3 on: Yesterday
Wow, this really help

« previous next »
 

Did you know?

Drug abusers experience the following scenario: The pleasure given by their drug (or drugs) of choice is so strong that it is difficult to eradicate even after years of staying away from the substances involved. Certain triggers may cause a drug abuser to relapse. Research shows that long-term drug abuse results in significant changes in brain function that persist long after an individual stops using drugs. It is most important to realize that the same is true of not just illegal substances but alcohol and tobacco as well.

Did you know?

The top five reasons that children stay home from school are as follows: colds, stomach flu (gastroenteritis), ear infection (otitis media), pink eye (conjunctivitis), and sore throat.

Did you know?

The average older adult in the United States takes five prescription drugs per day. Half of these drugs contain a sedative. Alcohol should therefore be avoided by most senior citizens because of the dangerous interactions between alcohol and sedatives.

Did you know?

On average, the stomach produces 2 L of hydrochloric acid per day.

Did you know?

Certain topical medications such as clotrimazole and betamethasone are not approved for use in children younger than 12 years of age. They must be used very cautiously, as directed by a doctor, to treat any child. Children have a much greater response to topical steroid medications.

How to shift and reflect a square root function using transformations How to shift and reflect a square root function using transformations
How to evaluate and sketch a piecewise function pertaining to tax (Part 3) How to evaluate and sketch a piecewise function pertaining to tax (Part 3)
Industrialized nations consumption Industrialized nations consumption
Testing motor function of cranial nerve VII - Puff cheeks Testing motor function of cranial nerve VII - Puff cheeks
Periodic Function p2 Periodic Function p2
Let f(x)=log10(bottom exponent)x. For each function g(x) i), iii), v Let f(x)=log10(bottom exponent)x. For each function g(x) i), iii), v
Video: Embryonic development - Week 4

For a complete list of videos, visit our video library