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

Author Question: The mpcd = 0.8. Suppose that in the next Budget, the Chancellor decides to cut taxes by 50 million. ... (Read 25 times)

BrownTown3

  • Hero Member
  • *****
  • Posts: 564
on: May 25, 2020

Question 1

Deliberate changes in tax rates and levels of government spending to influence the level of aggregate demand are called
◦ crowding out.
◦ automatic stabilisers.
◦ fiscal stance.
◦ discretionary fiscal policy.

Question 2

The mpcd = 0.8. Suppose that in the next Budget, the Chancellor decides to cut taxes by £50 million. What will be the effect on national income?
◦ National income will rise by £250 million.
◦ National income will rise by £200 million.
◦ National income will rise by £40 million.
◦ National income will fall by £200 million.
Essential Economics for Business ¦ Sloman, Jones ¦ 5th Edition
Buy Test-Bank


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by BrownTown3 on May 25, 2020

sylvia

  • Sr. Member
  • ****
  • Posts: 331
Reply #1 on: May 25, 2020
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 29% of students answer this correctly


BrownTown3

  • Member
  • Posts: 564
Reply 2 on: May 25, 2020
:D TYSM

okolip

  • Member
  • Posts: 362
Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

« previous next »
 

Did you know?

The first documented use of surgical anesthesia in the United States was in Connecticut in 1844.

Did you know?

The largest baby ever born weighed more than 23 pounds but died just 11 hours after his birth in 1879. The largest surviving baby was born in October 2009 in Sumatra, Indonesia, and weighed an astounding 19.2 pounds at birth.

Did you know?

Sperm cells are so tiny that 400 to 500 million (400,000,000–500,000,000) of them fit onto 1 tsp.

Did you know?

Chronic marijuana use can damage the white blood cells and reduce the immune system's ability to respond to disease by as much as 40%. Without a strong immune system, the body is vulnerable to all kinds of degenerative and infectious diseases.

Did you know?

Never take aspirin without food because it is likely to irritate your stomach. Never give aspirin to children under age 12. Overdoses of aspirin have the potential to cause deafness.

Mars's average distance from the Sun is roughly 230 million km (1.5 AU) and its orbital period Mars's average distance from the Sun is roughly 230 million km (1.5 AU) and its orbital period
A passenger train crosses Stony Creek Bridge in the Rocky Mountains in 1878. Railroads were importan A passenger train crosses Stony Creek Bridge in the Rocky Mountains in 1878. Railroads were importan
Earth’s Heat Budget Earth’s Heat Budget
The energy budget The energy budget
Suppose a country imports televisions. The country's supply and demand curves are shown in ... Suppose a country imports televisions. The country's supply and demand curves are shown in ...
Earth 600 Million Years Ago Earth 600 Million Years Ago
Video: Blood Pressure Measurement

For a complete list of videos, visit our video library