#965150

#965150: The government a new source of revenue from its ownership of natural resources that is likely to be permanent. As a result, the government surprises everyone by cutting taxes. In response, Jeff increases his spending this year by $1000 and next year by $1000, as well. He spreads his increased spending over time because of

The government a new source of revenue from its ownership of natural resources that is likely to be permanent. As a result, the government surprises everyone by cutting taxes. In response, Jeff increases his spending this year by $1000 and next year by $1000, as well. He spreads his increased spending over time because of
Варианты ответа:
  • the real interest rate being positive.
  • the substitution effect.
  • the consumption-smoothing motive.
  • the Phillips curve.

🔒 Ответ будет доступен после оплаты

Тематика: Макроэкономическая нестабильность. Инфляция и безработица Национальная экономика Основные макроэкономические показатели
📚 Похожие вопросы по этой дисциплине
When a person gets an increase in current income, what is likely to happen to consumption and saving? Last year, Linus earned a salary of $25,000 and he spent $24,000, thus saving $1000. At the end of the year, he received a bonus of $1000 and he spent $500 of it, saving the other $500. What was his marginal propensity to consume? Rosencrantz's base pay last year was $50,000 and he spent $48,000, thus saving $2,000. At the end of the year, he received a bonus of $2,000 and he spent $200 of it, saving the other $1,800. What is his marginal propensity to consume? The fraction of additional current income that a person consumes in the current period is known as the An increase in expected future output while holding today's output constant would