User Account

All Pages

Why did the saving rate fall after the reagan tax cut

Assignment Help Microeconomics
Reference no: EM131737171

Question: The Kennedy-Johnson tax cut reduced personal income tax rates by 20% during 1964 and 1965; the personal saving rate was virtually unchanged from 1963.4 to 1965.4. The Reagan tax cut reduced personal income tax rates by 25% in 1982 and 1983; the personal saving rate fell sharply over that period. Why did the saving rate fall after the Reagan tax cut but not after the Kennedy-Johnson tax cut?

Reference no: EM131737171

Questions Cloud

How do humans organize their perceptual world : how do humans organize their perceptual world. What are the Gestalt principles of perceptual organization
Goods from the uk and promises to pay in three months : A US resident imports $500 worth of goods from the UK and promises to pay in three months.
Discussing antitrust legislation in the us : Go to the internet and find a NEWS ARTICLE discussing antitrust legislation in the U.S (or other nations), summarize key points and post in the Discussions area
Discuss how might you transform a person : get the exercise their body and mind needs to function optimally into someone who actually exercises on a regular basis
Why did the saving rate fall after the reagan tax cut : The Kennedy-Johnson tax cut reduced personal income tax rates by 20% during 1964 and 1965; the personal saving rate was virtually unchanged from 1963.4 to 1965.
Lenders try to estimate the expected rate of inflation : To protect themselves from the effects of inflation, lenders try to estimate the expected rate of inflation. True or False?
How the implementation and use of cac will impact : you are the Coding Supervisor at Rasmussen Hospital and Clinics. Your staff consists of five coders who code inpatient, outpatient, and the professional fees
What is monopolistic about monopolistic competition : What is "monopolistic" about monopolistic competition? What is "competitive" about a monopolistically competitive market? Please explain.
Analyze the change from the current and prior years : Analyze the change from the current and prior years in each of these key areas and determine if the changes would be positive or negative from an investor.

Reviews

Write a Review

Microeconomics Questions & Answers

  The free rider problem

Question: Explain why the free rider problem makes it difficult for perfectly competitive markets to provide the Pareto efficient level of a public good.

  Failure of the super committee is good thing for economy

Some commentators have argued that the failure of the “Super committee” is good thing for the economy?  Do you agree?

  Case study analysis about optimum resource allocation

Case study analysis about optimum resource allocation: -  Why might you suspect (even without evidence) that the economy might not be able to produce all the schools and clinics the Ministers want? What constraints are there on an economy's productio..

  Fixed cost and vairiable cost

Questions:  :   Which of the following are likely to be fixed costs and which variable costs for a chocolate factory over the course of a month?  Explain your choice.

  Problem - total cost, average cost, marginal cost

Problem - Total Cost, Average Cost, Marginal Cost: -  Complete the following table of costs for a firm.  (Note: enter the figures in the  MC   column  between  outputs of  0 and 1, 1 and 2, 2 and 3, etc.)

  Oligopoly and demand curve problem

Problem based on Oligopoly and demand curve,  Draw and explain the demand curve facing each firm, and given this demand curve, does this mean that firms in the jeans industry do or do not compete against one another?

  Impact of external costs on resource allocation

Explain the impact of external costs and external benefits on resource allocation;  Why are public goods not produced in sufficient quantities by private markets?  Which of the following are examples of public goods (or services)? Delete the incorrec..

  Shifts in demand and movements along the demand curve

Describe the differences between shifts in demand and movements along the demand curve. What are the main factors which can shift the demand curve? Explain why they cause the demand curve to shift. Use examples and draw graphs to support your discuss..

  Article review question

Article Review Question: Read the following excerpts from the article "Fruit, veg costs surge' by Todd, Dagwell, published in the Herald on January 25th 2011 and answer questions below:

  Long-term growth, international trade & globalization

Long-term Growth, International Trade & Globalization:- This question deals with concepts such as long-term growth, international trade and globalization. Questions related to trade deficit, trade surplus, gains from trade, an international trade sce..

  European monetary union (emu) in crisis

"Does the economic bailout of Spain and Greece spell the beginning of the end for the European Monetary Union (EMU)?"

  Development game “settlers of catan”

Read the rules of the game, the overview and the almanac for the Development Game "Settlers of Catan"

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +91-977-207-8620

Phone: +91-977-207-8620

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd