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Which of the following are examples of automatic stabilizers? Check all that apply.
1. In response to the 2008 recession, Congress approved billions of dollars of additional spending on public infrastructure projects.
2. A corporate profits rise during an economic expansion, corporate income tax revenues rise.
3. As people earn higher incomes during an expansion, the progressive tax system requires them to pay higher average tax rates.
4. In 1968, Congress enacted a temporary 10% increase in personal income tax rates in response to an inflationary GDP gap.
In order to derive an individual's demand curve for salmon, we would observe what happens to the utility-maximizing bundle when we changea. income and hold everything else constant. b. the price of a close substitute and hold everything else constan..
Suppose households become more frugal so that there is a downward shift in the consumption function (decrease in autonomous consumption). Analyze the effects of this change in household behavior on real output, unemployment.
What is the aggregate WTP for the second unit of the good and what is the marginal WTP for the second unit of the good
lindenwood valley farmers is a missouri business that raises ducks for slaughter. among the products produced by
How are the Ebola crisis, the ISIS crisis and the Russia/Ukraine crisis affecting the US economy Asteria and class? Will Ebola be contained in the US?
Total liabilities and stockholders' equity $200,000 $210,000 Instructions (a) Prepare a horizontal analysis of the balance sheet data for Conard Corporation using 2011 as a base. (b) Prepare a vertical analysis of the balance sheet data for Conard Co..
What is the (1) marginal and (2) average tax rate paid for a firm of taxable income of:
Using the principles of supply and demand, develop a plan to alleviate the shortage of Math and Science teachers within this country. Try to use price and non-price determinants as your tools to reach equilibrium.
the demand curve for a product is given by qdx 1200 - 3px .01pz where pz 300.a. what is the own price elasticity of
A vacation home in Malibu is
His ethical perspective speaks directly to values of workers and values of organizations.
In regards to the ebola crisis and untested vaccine, how would a person with: utilitarian, rights-based, justice-based, virtue theory, ethic of care and Christianity views handle the decision-making?
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