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

Author Question: Assume that taxes depend on income and the MPCis 0.6 and tis 0.3. An increase in taxes of $10 ... (Read 197 times)

Coya19@aol.com

  • Hero Member
  • *****
  • Posts: 601
on: Apr 19, 2019

Question 1

If taxes depend on income and the 
MPC is 0.6 and 
t is 0.3, the tax multiplier is


◦ -1.03.
◦ -1.72.
◦ -2.0.
◦ -2.24.

Question 2

Assume that taxes depend on income and the 
MPC is 0.6 and 
t is 0.3. An increase in taxes of $10 billion will decrease equilibrium income by


◦ $10.3 billion.
◦ $17.2 billion.
◦ $20.0 billion.
◦ $22.4 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 Coya19@aol.com on Apr 19, 2019

Rilsmarie951

  • Sr. Member
  • ****
  • Posts: 316
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


Coya19@aol.com

  • Hero Member
  • *****
  • Posts: 601
Reply #2 on: Apr 19, 2019
Thanks


Rilsmarie951

  • Sr. Member
  • ****
  • Posts: 316
Reply #3 on: Apr 19, 2019
Welcome :)


« previous next »
 

Did you know?

During the twentieth century, a variant of the metric system was used in Russia and France in which the base unit of mass was the tonne. Instead of kilograms, this system used millitonnes (mt).

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.

Did you know?

Addicts to opiates often avoid treatment because they are afraid of withdrawal. Though unpleasant, with proper management, withdrawal is rarely fatal and passes relatively quickly.

Did you know?

In 1844, Charles Goodyear obtained the first patent for a rubber condom.

Did you know?

Asthma cases in Americans are about 75% higher today than they were in 1980.

The recent mass upheavals in Tunisia, Egypt, Libya, Yemen, and Syria gave political scientists a cha The recent mass upheavals in Tunisia, Egypt, Libya, Yemen, and Syria gave political scientists a cha
Mean scores for Erikson’s stage V (Identity) for two cohorts. Scores for both cohorts increase ... Mean scores for Erikson’s stage V (Identity) for two cohorts. Scores for both cohorts increase ...
Race-Ethnicity and Income Extremes Race-Ethnicity and Income Extremes
Relationship between Latitude and Income per Capita Relationship between Latitude and Income per Capita
Regional Variation in Income and Access to the Sea Regional Variation in Income and Access to the Sea
Relationship between Latitude and Income per Capita Relationship between Latitude and Income per Capita
Video: Egg and Sperm Formations in Animals Animation

For a complete list of videos, visit our video library