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

Author Question: Which of the following statements best explains the effects of transfer payments and taxes on ... (Read 41 times)

tnt_battle

  • Hero Member
  • *****
  • Posts: 556
on: Jun 30, 2018
Which of the following statements best explains the effects of transfer payments and taxes on aggregate spending?
 a. Transfer payments and taxes affect aggregate spending directly, just as consumption does.
 b. Transfer payments and taxes affect aggregate spending indirectly by first changing disposable income and thereby changing consumption.
  c. Changes in the amount of transfer payments and taxes cancel each other and therefore have no influence on any economic variable.
  d. Transfer payments and taxes affect disposable income but have no effect on consumption.
 e. Transfer payments affect disposable income, but taxes do not.

Question 2

In the long run, all costs are considered variable.
 a. True
  b. False
  Indicate whether the statement is true or false


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

javimendoza7

  • Sr. Member
  • ****
  • Posts: 293
Reply #1 on: Jun 30, 2018
Answer to Question 1

b

Answer to Question 2

True


tnt_battle

  • Hero Member
  • *****
  • Posts: 556
Reply #2 on: Jun 30, 2018
Thank you :)


javimendoza7

  • Sr. Member
  • ****
  • Posts: 293
Reply #3 on: Jun 30, 2018
Happy to help you


« previous next »
 

Did you know?

In inpatient settings, adverse drug events account for an estimated one in three of all hospital adverse events. They affect approximately 2 million hospital stays every year, and prolong hospital stays by between one and five days.

Did you know?

To prove that stomach ulcers were caused by bacteria and not by stress, a researcher consumed an entire laboratory beaker full of bacterial culture. After this, he did indeed develop stomach ulcers, and won the Nobel Prize for his discovery.

Did you know?

According to the National Institute of Environmental Health Sciences, lung disease is the third leading killer in the United States, responsible for one in seven deaths. It is the leading cause of death among infants under the age of one year.

Did you know?

Hypertension is a silent killer because it is deadly and has no significant early symptoms. The danger from hypertension is the extra load on the heart, which can lead to hypertensive heart disease and kidney damage. This occurs without any major symptoms until the high blood pressure becomes extreme. Regular blood pressure checks are an important method of catching hypertension before it can kill you.

Did you know?

Earwax has antimicrobial properties that reduce the viability of bacteria and fungus in the human ear.

F plasmids transfer during conjugation F plasmids transfer during conjugation
Transfer RNA (tRNA) Structure Transfer RNA (tRNA) Structure
Prolonged abuse leads to production of stress hormones that can lead to a cascade of effects ... Prolonged abuse leads to production of stress hormones that can lead to a cascade of effects ...
The effects of neonatal testosterone exposure on the size of the sexually dimorphic nuclei in male ... The effects of neonatal testosterone exposure on the size of the sexually dimorphic nuclei in male ...
Dental Related Adverse Effects in Patients Undergoing Cancer Treatment Dental Related Adverse Effects in Patients Undergoing Cancer Treatment
Summary of the Effects of Massage Cont. Summary of the Effects of Massage Cont.
Video: Glucagon (glycogenolysis and gluconeogenesis)

For a complete list of videos, visit our video library