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

Author Question: If government spending is increased by $1,000 and taxes are increased by $1,000, the equilibrium ... (Read 86 times)

tingc95

  • Hero Member
  • *****
  • Posts: 556
on: Apr 19, 2019

Question 1

If government purchases are increased by $30, taxes are reduced by $30, and the 
MPC is 0.75, equilibrium output will change by


◦ $900.
◦ $210.
◦ $30.
◦ zero.

Question 2

If government spending is increased by $1,000 and taxes are increased by $1,000, the equilibrium level of income will


◦ decrease by $1,000.
◦ not change.
◦ increase by $1,000.
◦ increase by $2,000.
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 tingc95 on Apr 19, 2019

peter

  • Sr. Member
  • ****
  • Posts: 330
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


tingc95

  • Member
  • Posts: 556
Reply 2 on: Apr 19, 2019
Thanks for the timely response, appreciate it

juliaf

  • Member
  • Posts: 344
Reply 3 on: Yesterday
Great answer, keep it coming :)

« previous next »
 

Did you know?

The newest statin drug, rosuvastatin, has been called a superstatin because it appears to reduce LDL cholesterol to a greater degree than the other approved statin drugs.

Did you know?

The modern decimal position system was the invention of the Hindus (around 800 AD), involving the placing of numerals to indicate their value (units, tens, hundreds, and so on).

Did you know?

Essential fatty acids have been shown to be effective against ulcers, asthma, dental cavities, and skin disorders such as acne.

Did you know?

There are more sensory neurons in the tongue than in any other part of the body.

Did you know?

Blood in the urine can be a sign of a kidney stone, glomerulonephritis, or other kidney problems.

Remedies for insomnia include increased physical exercise and time spent outdoors. Remedies for insomnia include increased physical exercise and time spent outdoors.
Increased amounts of "screen time" are contributing to decreased amounts of physical ... Increased amounts of "screen time" are contributing to decreased amounts of physical ...
Growth of Government Spending, 1870–2009 Growth of Government Spending, 1870–2009
American Government: Roots and Reform, 2009 Edition American Government: Roots and Reform, 2009 Edition
Write equilibrium constant expressions for the following reactions in terms of concentration: Write equilibrium constant expressions for the following reactions in terms of concentration:
The Hardy–Weinberg Equilibrium The Hardy–Weinberg Equilibrium
Video: Deglutition

For a complete list of videos, visit our video library