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

Author Question: Mathematically, the value of the tax multiplier in terms of the marginal propensity to consume (MPC) ... (Read 65 times)

CBme

  • Hero Member
  • *****
  • Posts: 548
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
Answer to Question 1

d

Answer to Question 2

a





 

Did you know?

More than 2,500 barbiturates have been synthesized. At the height of their popularity, about 50 were marketed for human use.

Did you know?

Women are two-thirds more likely than men to develop irritable bowel syndrome. This may be attributable to hormonal changes related to their menstrual cycles.

Did you know?

In ancient Rome, many of the richer people in the population had lead-induced gout. The reason for this is unclear. Lead poisoning has also been linked to madness.

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.

Did you know?

Every 10 seconds, a person in the United States goes to the emergency room complaining of head pain. About 1.2 million visits are for acute migraine attacks.

For a complete list of videos, visit our video library