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

Author Question: If the Chancellor of the Exchequer raises taxes by 25 million in order to finance an increase in the ... (Read 69 times)

bucstennis@aim.com

  • Hero Member
  • *****
  • Posts: 532
on: May 25, 2020
If the Chancellor of the Exchequer raises taxes by £25 million in order to finance an increase in the road building programme of £25 million, aggregate demand will
◦ remain the same as all that has happened is that tax revenue has been spent on a project that costs the same amount.
◦ rise since the multiplier effect from increased government expenditure is greater than the multiplied reduction in income from increased taxes.
◦ fall since the population resents increased taxes more than they appreciate increased government expenditure.
◦ remain the same but the distribution of income will change since those who pay the increase in taxes are not necessarily the same people who will use the new roads.
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 bucstennis@aim.com on May 25, 2020

gasdhashg

  • Sr. Member
  • ****
  • Posts: 335
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 56% of students answer this correctly


bucstennis@aim.com

  • Member
  • Posts: 532
Reply 2 on: May 25, 2020
:D TYSM

bitingbit

  • Member
  • Posts: 323
Reply 3 on: Yesterday
Wow, this really help

« previous next »
 

Did you know?

The liver is the only organ that has the ability to regenerate itself after certain types of damage. As much as 25% of the liver can be removed, and it will still regenerate back to its original shape and size. However, the liver cannot regenerate after severe damage caused by alcohol.

Did you know?

The longest a person has survived after a heart transplant is 24 years.

Did you know?

The Food and Drug Administration has approved Risperdal, an adult antipsychotic drug, for the symptomatic treatment of irritability in children and adolescents with autism. The approval is the first for the use of a drug to treat behaviors associated with autism in children. These behaviors are included under the general heading of irritability and include aggression, deliberate self-injury, and temper tantrums.

Did you know?

The ratio of hydrogen atoms to oxygen in water (H2O) is 2:1.

Did you know?

The heart is located in the center of the chest, with part of it tipped slightly so that it taps against the left side of the chest.

A mound of buffalo skulls. In 1870 an estimated 30 million buffalo roamed the plains; by 1900 there A mound of buffalo skulls. In 1870 an estimated 30 million buffalo roamed the plains; by 1900 there
Upsetting the entire social order, the French Revolution removed the past as a sure guide to the ... Upsetting the entire social order, the French Revolution removed the past as a sure guide to the ...
Compression used to increase circulation when the athlete is clothed. Compression used to increase circulation when the athlete is clothed.
Here, in alphabetical order, are 20 foods and 4 cultures. Here, in alphabetical order, are 20 foods and 4 cultures.
Increase in total spending in presidential campaigns, 1976-2020 Increase in total spending in presidential campaigns, 1976-2020
Introduction to Corporate Finance, 5th Introduction to Corporate Finance, 5th
Video: Brain Anatomy Animation (Part 2 of 2)

For a complete list of videos, visit our video library