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

Author Question: If the tax multiplier is -4 and taxes are reduced by $35 billion, output (Read 68 times)

dakota nelson

  • Hero Member
  • *****
  • Posts: 604
on: Apr 19, 2019

Question 1

Taxes are reduced by $10 billion and income increases by $200 billion. The value of the tax multiplier is


◦ -20.
◦ -5.
◦ -2.
◦ -0.5.

Question 2

If the tax multiplier is -4 and taxes are reduced by $35 billion, output


◦ falls by $8.75 billion.
◦ falls by $140 billion.
◦ increases by $140 billion.
◦ increases by $8.75 billion.
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 dakota nelson on Apr 19, 2019

SeanoH09

  • Sr. Member
  • ****
  • Posts: 323
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 56% of students answer this correctly


dakota nelson

  • Hero Member
  • *****
  • Posts: 604
Reply #2 on: Apr 19, 2019
TY


SeanoH09

  • Sr. Member
  • ****
  • Posts: 323
Reply #3 on: Apr 19, 2019
You're welcome


« previous next »
 

Did you know?

Allergies play a major part in the health of children. The most prevalent childhood allergies are milk, egg, soy, wheat, peanuts, tree nuts, and seafood.

Did you know?

About 60% of newborn infants in the United States are jaundiced; that is, they look yellow. Kernicterus is a form of brain damage caused by excessive jaundice. When babies begin to be affected by excessive jaundice and begin to have brain damage, they become excessively lethargic.

Did you know?

Only 12 hours after an egg cell is fertilized by a sperm cell, the egg cell starts to divide. As it continues to divide, it moves along the fallopian tube toward the uterus at about 1 inch per day.

Did you know?

Street names for barbiturates include reds, red devils, yellow jackets, blue heavens, Christmas trees, and rainbows. They are commonly referred to as downers.

Did you know?

Today, nearly 8 out of 10 pregnant women living with HIV (about 1.1 million), receive antiretrovirals.

Possible Earth 5 billion years from now Possible Earth 5 billion years from now
Urine output. Urine output.
Two areas of reduced cortical volume and one area of increased cortical volume observed in people ... Two areas of reduced cortical volume and one area of increased cortical volume observed in people ...
Solar output Solar output
Role of Factors of Production in Determining Output per Worker, 2009 Role of Factors of Production in Determining Output per Worker, 2009
How does PCA reduce the dimension of a statistical problem? How do you select the reduced ... How does PCA reduce the dimension of a statistical problem? How do you select the reduced ...
Video: Stomach peristalsis & Enterogastric reflex

For a complete list of videos, visit our video library