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

Author Question: Mathematically, the value of the tax multiplier in terms of the marginal propensity to consume (MPC) ... (Read 82 times)

CBme

  • Hero Member
  • *****
  • Posts: 548
on: Jun 30, 2018
Mathematically, the value of the tax multiplier in terms of the marginal propensity to consume (MPC) is given by the formula:
 a. MPC  1.
  b. (MPC  1) / MPC.
  c. 1 / MPC.
  d. 1  1 / (1  MPC).

Question 2

The equation specifying a direct relationship between the money supply and prices is the quantity theory of:
 a. money.
  b. prices.
  c. exchange.
  d. spending.
  e. dollars.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

brittrenee

  • Sr. Member
  • ****
  • Posts: 321
Reply #1 on: Jun 30, 2018
Answer to Question 1

d

Answer to Question 2

a


CBme

  • Hero Member
  • *****
  • Posts: 548
Reply #2 on: Jun 30, 2018
Correct answers!


brittrenee

  • Sr. Member
  • ****
  • Posts: 321
Reply #3 on: Jun 30, 2018
Great! Please up vote :D


« previous next »
 

Did you know?

Essential fatty acids have been shown to be effective against ulcers, asthma, dental cavities, and skin disorders such as acne.

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.

Did you know?

Though “Krazy Glue” or “Super Glue” has the ability to seal small wounds, it is not recommended for this purpose since it contains many substances that should not enter the body through the skin, and may be harmful.

Did you know?

Immunoglobulin injections may give short-term protection against, or reduce severity of certain diseases. They help people who have an inherited problem making their own antibodies, or those who are having certain types of cancer treatments.

Did you know?

During pregnancy, a woman is more likely to experience bleeding gums and nosebleeds caused by hormonal changes that increase blood flow to the mouth and nose.

Terms Used for Trunk and Limbs Terms Used for Trunk and Limbs
Body Region Terms Body Region Terms
Glossary of Basic Ayurvedic Terms Glossary of Basic Ayurvedic Terms
How to evaluate algebraic expressions with given terms How to evaluate algebraic expressions with given terms
How to evaluate algebraic terms containing fractional exponents without a calculator How to evaluate algebraic terms containing fractional exponents without a calculator
You Need to Consume Carbohydrates Daily You Need to Consume Carbohydrates Daily
Video: Wound Care

For a complete list of videos, visit our video library