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 82 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?

People who have myopia, or nearsightedness, are not able to see objects at a distance but only up close. It occurs when the cornea is either curved too steeply, the eye is too long, or both. This condition is progressive and worsens with time. More than 100 million people in the United States are nearsighted, but only 20% of those are born with the condition. Diet, eye exercise, drug therapy, and corrective lenses can all help manage nearsightedness.

Did you know?

Of the estimated 2 million heroin users in the United States, 600,000–800,000 are considered hardcore addicts. Heroin addiction is considered to be one of the hardest addictions to recover from.

Did you know?

People with alcoholism are at a much greater risk of malnutrition than are other people and usually exhibit low levels of most vitamins (especially folic acid). This is because alcohol often takes the place of 50% of their daily intake of calories, with little nutritional value contained in it.

Did you know?

You should not take more than 1,000 mg of vitamin E per day. Doses above this amount increase the risk of bleeding problems that can lead to a stroke.

Did you know?

Urine turns bright yellow if larger than normal amounts of certain substances are consumed; one of these substances is asparagus.

With a fortune of $66 billion, Bill Gates, a cofounder of Microsoft Corporation, is the second ... With a fortune of $66 billion, Bill Gates, a cofounder of Microsoft Corporation, is the second ...
The major cortical input and output pathways of the dorsolateral prefrontal association cortex. ... The major cortical input and output pathways of the dorsolateral prefrontal association cortex. ...
Reduced Tillage Reduced Tillage
Solar output Solar output
U.S. Output and Productivity Growth, 1870–2007 U.S. Output and Productivity Growth, 1870–2007
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: Non-polar compounds - insolubility

For a complete list of videos, visit our video library