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

Author Question: Multiplier Effects of Transfer Payments and TaxesAssume the tax multiplier is -7.5, real GDP is $427 ... (Read 16 times)

heatherbabydoll1

  • Full Member
  • ***
  • Posts: 148
on: Nov 23, 2022
Multiplier Effects of Transfer Payments and Taxes

Assume the tax multiplier is -7.5, real GDP is $427 billion, and potential real GDP is $439 billion. By how much would taxes need to be cut to restore the economy to potential real GDP? (Round to the nearest hundredth when necessary.)
◦ $90 billion
◦ $0.8 billion
◦ $12 billion
◦ $1.6 billion
Macroeconomics ¦ Acemoglu, Laibson, List ¦ 3rd Edition
Buy Test-Bank


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by heatherbabydoll1 on Nov 23, 2022

bleep bloop

  • Full Member
  • ***
  • Posts: 173
Reply #1 on: Nov 23, 2022
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 64% of students answer this correctly


heatherbabydoll1

  • Member
  • Posts: 148
Reply 2 on: Nov 23, 2022
Gracias!

kishoreddi

  • Member
  • Posts: 329
Reply 3 on: Yesterday
:D TYSM

« previous next »
 

Did you know?

One way to reduce acid reflux is to lose two or three pounds. Most people lose weight in the belly area first when they increase exercise, meaning that heartburn can be reduced quickly by this method.

Did you know?

Less than one of every three adults with high LDL cholesterol has the condition under control. Only 48.1% with the condition are being treated for it.

Did you know?

The first war in which wide-scale use of anesthetics occurred was the Civil War, and 80% of all wounds were in the extremities.

Did you know?

Despite claims by manufacturers, the supplement known as Ginkgo biloba was shown in a study of more than 3,000 participants to be ineffective in reducing development of dementia and Alzheimer’s disease in older people.

Did you know?

The most common childhood diseases include croup, chickenpox, ear infections, flu, pneumonia, ringworm, respiratory syncytial virus, scabies, head lice, and asthma.

Effects of lactose and glucose on the expression of the lac operon Effects of lactose and glucose on the expression of the lac operon
Transfer RNA (tRNA) Structure Transfer RNA (tRNA) Structure
Transfer RNA (tRNA) Structure Transfer RNA (tRNA) Structure
Effects of Carotid Stents Effects of Carotid Stents
Resonance transfer of energy in a light-harvesting complex Resonance transfer of energy in a light-harvesting complex
The effects of a single crossover in a paracentric inversion heterozygote The effects of a single crossover in a paracentric inversion heterozygote
Video: Enzyme structure - Properties of enzymes

For a complete list of videos, visit our video library