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 206 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?

Children with strabismus (crossed eyes) can be treated. They are not able to outgrow this condition on their own, but with help, it can be more easily corrected at a younger age. It is important for infants to have eye examinations as early as possible in their development and then another at age 2 years.

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?

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?

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?

Liver spots have nothing whatsoever to do with the liver. They are a type of freckles commonly seen in older adults who have been out in the sun without sufficient sunscreen.

Browning and Gunning demonstrated that placental transfer tissues increase plant reproductive succes Browning and Gunning demonstrated that placental transfer tissues increase plant reproductive succes
The research methods that sociologists choose depend partially on the questions they want to answer. ... The research methods that sociologists choose depend partially on the questions they want to answer. ...
Sources of income for U.S. population aged 65 and over. Sources of income for U.S. population aged 65 and over.
The Increase in Divorce The Increase in Divorce
Saving Rates by Income Quintile, 2003 Saving Rates by Income Quintile, 2003
The price of rice in a small country is currently $6 per pound. In order to help low-income ... The price of rice in a small country is currently $6 per pound. In order to help low-income ...
Video: ACTH/Cortisol (glycogenolysis, protein catabolism, lipolysis and gluconeogenesis)

For a complete list of videos, visit our video library