5. How the tax system changes the distribution of income among capitalists, labourers, and landlords in referred to as A. balanced-budget incidence. B. size distribution of income. C. proportional distribution of income. D. functional distribution of inco
5. How the tax system changes the distribution of income among capitalists, labourers, and landlords in referred to as A. balanced-budget incidence. B. size distribution of income. C. proportional distribution of income. D. functional distribution of income.
Homework Answers
The correct is option d because it is the definition of functional distribution of income.
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5. How the tax system changes the distribution of income among capitalists, labourers, and landlords in referred to as A. balanced-budget incidence. B. size distribution of income. C. proportional distribution of income. D. functional distribution of inco
5. Let C=120+0.6Yd, I=140, G=200, T=100. (a) What are government spending multiplier, tax multiplier, and balanced-budget...
5. Let C=120+0.6Yd, I=140, G=200, T=100. (a) What are government spending multiplier, tax multiplier, and balanced-budget multiplier? 0) What are be supue com (b) What are the output, consumption, saving, and budget deficit at the equilibrium? pusa aning and budget details equivat (c) What are the output, consumption, and saving if the government changes the budget deficit to zero by a change in G. G decreases 100 (d) What are the output, consumption, and saving if the government changes the...
D Question 5 1 pts A major concern of fiscal policy is how federal government taxing...
D Question 5 1 pts A major concern of fiscal policy is how federal government taxing and spending affects aggregate demand. how changes to the budget affect the money supply. how changes to the money supply affect aggregate demand. - Previous Next Question 9 1 pts of the following examples, which is an example of an automatic fiscal policy stabilizer? Congress increases individual income tax rates. Congress decides to cut spending on national parks. Tax revenues increase as real GDP...
Since 1990, in how many years has the U.S. government had a budget surplus? Choose one: A. 0 B. 3 C. 4 D. 18 The Feder...
Since 1990, in how many years has the U.S. government had a
budget surplus?
Choose one:
A. 0
B. 3
C. 4
D. 18
The Federal Budget Deficit The U.S. federal government has run a budget deficit for almost the entire past hal-century. The graph below plots federal revenue against outlays as a percentage of GDP, a measurement that stays consistent as the size of the economy changes. Note that the deficit is particularly Ukely to increase during recessions, as...
1. When it comes to financial matters, the views of Aristotle can be stated as:...
1. When it comes to financial matters, the views of Aristotle can be stated as: a. usury is nature’s way of helping each other. b. the fact that money is barren makes it the ideal medium of exchange. c. charging interest is immoral because money is not productive. d. when you lend money, it grows more money. e. interest is too high if it can’t be paid back. 2. Since 2008, when the monetary base was about $800 billion,...
5. Let C=120+0.6Yd, I=140, G=200, T=100. (a) What are government spending multiplier, tax multiplier, and balanced-budget multiplier? 0) What are be supue com (b) What are the output, consumption, saving, and budget deficit at the equilibrium? pusa aning and budget details equivat (c) What are the output, consumption, and saving if the government changes the budget deficit to zero by a change in G. G decreases 100 (d) What are the output, consumption, and saving if the government changes the...
D Question 5 1 pts A major concern of fiscal policy is how federal government taxing and spending affects aggregate demand. how changes to the budget affect the money supply. how changes to the money supply affect aggregate demand. - Previous Next Question 9 1 pts of the following examples, which is an example of an automatic fiscal policy stabilizer? Congress increases individual income tax rates. Congress decides to cut spending on national parks. Tax revenues increase as real GDP...
Since 1990, in how many years has the U.S. government had a
budget surplus?
Choose one:
A. 0
B. 3
C. 4
D. 18
The Federal Budget Deficit The U.S. federal government has run a budget deficit for almost the entire past hal-century. The graph below plots federal revenue against outlays as a percentage of GDP, a measurement that stays consistent as the size of the economy changes. Note that the deficit is particularly Ukely to increase during recessions, as...
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