2. Which of the following occurs when the government collects more in tax revenue than it spends,...

Question:

2. Which of the following occurs when the government collects more in tax revenue than it spends, and households consume more than they get in after-tax income?

a. private and public saving are both positive

b. private and public saving are both negative

c. private saving is positive, but public saving is negative

d. private saving is negative, but public saving is positive

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For book-img-for-question

Principles Of Macroeconomics

ISBN: 9780176591977

7th Canadian Edition

Authors: N. Mankiw, Ronald Kneebone, Kenneth McKenzie

See More Books

Question Posted: Sep 28, 2024 07:02 AM

See More Questions

There is a bond on the spot-market. Price is 87.63 USD. Risk-free interest rate is 1.22%. The forward-price is 102.78 USD. Is there any arbitrage possibility if time to maturity is 9 months?
1. Clarifying the Values Concept: Did the model help to clarify the values concept you have chosen? 2. Comparing and Contrasting Each Lens: Compare and contrast each lens, showing their similarities...
Sketch the region in the plane defined by each of the following equations. (a) [x]2 + [y]2 = 1 (b) [x]2 1 [y]2 = 3 (c) [x + y]2 = 1 (d) [x] + [y] = 1
2. Which of the following occurs when the government collects more in tax revenue than it spends, and households consume more than they get in after-tax income? a. private and public saving are both...
Susan Cheng is the CFO of Automotive Solutions, a small company that makes specialized lighting equipment for the car industry. Because of intensified competition from foreign companies, Automotive...
Deferred Taxes Aylmer is a publicly-traded company, it follows IFRS, Aylmer has a corporate tax rate of 30%. There are two differences that have been identified: Assume that CCA (Capital Cost...
1. Nina wants to buy and operate an ice-cream truck but doesn't have the financial resources to start the business. She borrows $5000 from her friend Max, to whom she promises an interest rate of 7...
3. A closed economy has income of $1000, government spending of $200, taxes of $150, and investment of $250. What is private saving? a. $100 b. $200 c. $300 d. $400
Explain the conceptual difference between normal factoring and reverse factoring. When does reverse factoring make sense for supply chain partners?
How do you select "goals" in the first body paragraph in the second section, and them hyperlink to then "MAIN GOALS" section in the current document?
In a random sample of 400 students of the University of Teaching Department, it was found that 300 students failed in the examination. In another sample of 500 students of the affiliated colleges,...
Over the course of a year, the probability that a house in an urban area will be burglarized is 4%. a) If 20 houses are randomly selected, what is the probability that exactly 2 of the houses will be...
Identify and briefly discuss the three dimensions on which global competition takes place. 2 paragraphs or 10 sentences.
The tie rods in the press in Figure 3-3 are made of the steel alloy AISI 5160 OQT 900. Each rod has a diameter of 2.00 in and an initial length of 68.5 in. An axial tensile load of 40 000 lb is...
A standing-wave interference pattern is set up by radio waves between two metal sheets 2.00 m apart. This is the shortest distance between the plates that will produce a standing-wave pattern. What...
Evaluate the integral, if it exists. Jo y(y + 1) dy
Obtain data on average hourly earnings of production workers and the unemployment rate for your state or area over a recent 2-year period. Has unemployment increased or decreased? What has happened...
The unemployment rate stood at 9.6 percent late in 2010. Despite the fact that the economy had been growing out of the recession for over a year (real GDP was up 3 percent by Q2 2010), there was only...
The Economics in Practice states that job applicants who have been unemployed for a long period of time have a more difficult time getting job interviews than do those applicants who have been...
For many purposes we can treat ammonia (NH) as an ideal gas at temperatures above its boiling point of 33. C. Suppose the pressure on a 1000 mL sample of ammonia gas at 11.0C is cut in half. Oyes Is...
34 2.5 points According to the CAPM, which should lead to a higher expected return? size book-to-market ratio beta none of the above 2. Previous 3
xyz corporation has announced its most recent quarterly earnings, which were lower than expected. Bill ownes, a security analyst at a major brokerage firm, lowers his estimate for XYZs earnings by $...

2. Which of the following occurs when the government collects more in tax revenue than it spends,...

Question:

Step by Step Answer:

Principles Of Macroeconomics

Students also viewed these Business questions