FREE Trial
Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

write this post in different words:If the government decreases the taxes, then consumption and investment demand will increase leading to a rise in AD. As

write this post in different words:If the government decreases the taxes, then consumption and investment demand will increase leading to a rise in AD. As a result, the equilibrium price and quantity will increase. The price and supply of equilibrium will decrease if taxes are raised

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Microeconomics An Intuitive Approach with Calculus

Microeconomics An Intuitive Approach with Calculus

Authors: Thomas Nechyba

1st edition

538453257, 978-0538453257

More Books

Students also viewed these Economics questions

Question

★★★★★
We want to find the change in u for oxygen gas between 600 K and 1200 K. a) Find it from a constant Cvo from table A.5 b) Find it from a Cvo evaluated from equation in A.6 at the average T. c) Find...

Answered: 1 week ago

Question

★★★★★
Western Travel uses the contribution margin income statement internally. Western's first-quarter results are as follows: WESTERN TRAVEL contribution margin Income Statement Three Months Ended March...

Answered: 1 week ago

Question

★★★★★
Discuss the appropriate uses of direct instruction, homework, questioning (particularly deep questions), feedback, and group discussion, and explain how to use Understanding by Design to integrate...

Answered: 1 week ago

Question

★★★★★
Craig Ferguson, an internal auditor for HHG Online Booksellers, had been investigating a case of embezzlement fraud for nearly two months. After searching personnel and company records, visiting with...

Answered: 1 week ago

Question

★★★★★
During which step of value chain analysis will the company discover whether or not it has a cost advantage, and why? Multiple Choice In the third step, when the company adopts and implements the...

Answered: 1 week ago

Question

★★★★★
Identify eBay using PESTLE analysis based on the three strategic influences. Covid 19 put tension on professionals to overcome obstacles to meet the provisions of the new normal. Amazon disputed by...

Answered: 1 week ago

Question

★★★★★
1 . You may purchase a parcel of land for its current market price of $ 6 , 0 0 0 , 0 0 0 . Restrictive covenants only allow you to build a hotel on the land. 2 . The parcel of land is currently...

Answered: 1 week ago

Question

★★★★★
Write SQL statement to create a single table for the STAR entity identified in the E-R model you created last week. Then add one or two rows of sample data into the STAR table (feel free to pick your...

Answered: 1 week ago

Question

★★★★★
2. If the coordinate frame oixiyizi is obtained from the coordinate frame ooxoyozo by a rotation of /2 about the x-axis followed by a rotation of /2 about the fixed y-axis, find the rotation matrix R...

Answered: 1 week ago

Question

★★★★★
In 2 0 2 3 , Sterling and Lana Archer ( ages 3 1 and 2 9 ) are married and live in New York, NY . Their address is 8 8 0 5 th Ave Unit 2 2 A , New York, NY 1 0 0 2 1 . They have a two - year - old...

Answered: 1 week ago

Question

★★★★★
Solve the following 1,4 3 2TT 5x- 1+ (15 x) dx 5X

Answered: 1 week ago

Question

★★★★★
PRE-FINAL EXAM ON REGULATORY FRAMEWORK 1.Rosario obtained a loan of P100,000.00 from Jennifer and pledged her diamond ring. The contract signed by the parties stipulated that if Rosario cannot redeem...

Answered: 1 week ago

Question

★★★★★
The tools are structured and for improving the individuals communication skills.

Answered: 1 week ago

Question

★★★★★
Always show respect for the other person or persons.

Answered: 1 week ago

Question

★★★★★
Self-awareness is linked to the businesss results.

Answered: 1 week ago

Previous Question Next Question