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

Author Question: After government is added to the income-expenditure model, the formula for the aggregate consumption ... (Read 21 times)

appyboo

  • Hero Member
  • *****
  • Posts: 527
on: Apr 19, 2019

Question 1

In 2016, the city of Miketown collected $250,000 in taxes and spent $350,000. In 2016, the city of Miketown had a


◦ budget surplus of $100,000.
◦ budget surplus of 57%.
◦ budget deficit of $100,000.
◦ budget deficit of $200,000.

Question 2

After government is added to the income-expenditure model, the formula for the aggregate consumption function is


◦ C = 
a - 
b(
Y - 
T).
◦ C = 
a - 
b(
T - 
Y).
◦ C = 
a + 
b(
Y + 
T).
◦ C = 
a + 
b(
Y - 
T).
Principles of Economics ¦ Case, Fair, Oster ¦ 12th Edition
Buy Test-Bank


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by appyboo on Apr 19, 2019

millet

  • Sr. Member
  • ****
  • Posts: 354
Reply #1 on: Apr 19, 2019
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
Answer Preview
Only 25% of students answer this correctly


appyboo

  • Member
  • Posts: 527
Reply 2 on: Apr 19, 2019
Excellent

Dinolord

  • Member
  • Posts: 313
Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

« previous next »
 

Did you know?

Warfarin was developed as a consequence of the study of a strange bleeding disorder that suddenly occurred in cattle on the northern prairies of the United States in the early 1900s.

Did you know?

In women, pharmacodynamic differences include increased sensitivity to (and increased effectiveness of) beta-blockers, opioids, selective serotonin reuptake inhibitors, and typical antipsychotics.

Did you know?

Signs of depression include feeling sad most of the time for 2 weeks or longer; loss of interest in things normally enjoyed; lack of energy; sleep and appetite disturbances; weight changes; feelings of hopelessness, helplessness, or worthlessness; an inability to make decisions; and thoughts of death and suicide.

Did you know?

The use of salicylates dates back 2,500 years to Hippocrates's recommendation of willow bark (from which a salicylate is derived) as an aid to the pains of childbirth. However, overdosage of salicylates can harm body fluids, electrolytes, the CNS, the GI tract, the ears, the lungs, the blood, the liver, and the kidneys and cause coma or death.

Did you know?

Since 1988, the CDC has reported a 99% reduction in bacterial meningitis caused by Haemophilus influenzae, due to the introduction of the vaccine against it.

Distribution of Aggregate Mining Distribution of Aggregate Mining
Dual Systems Model of Risk-Taking Dual Systems Model of Risk-Taking
Women who are 65 and older have a lower median income from all sources than men in the same age ... Women who are 65 and older have a lower median income from all sources than men in the same age ...
Anxiety model. Stressful events lead to symptoms of anxiety, which can be resolved by coping ... Anxiety model. Stressful events lead to symptoms of anxiety, which can be resolved by coping ...
Single-serve cups of infant formula Single-serve cups of infant formula
Presidential success under unified and divided government, from Eisenhower to trump Presidential success under unified and divided government, from Eisenhower to trump
Video: Mitosis step-by-step

For a complete list of videos, visit our video library