Multiple Choice
A piece of evidence in favor the Keynesian model would be that
A) investment is very sensitive to changes in tax rates.
B) changes in aggregate income cause changes in investment,but not vice versa.
C) the aggregate price level is negatively correlated with income.
D) all of the above.
Correct Answer:
Verified
Correct Answer:
Verified
Q23: Which of the following statements is (are)correct?
Q24: An increase in the effective corporate tax
Q25: If the nominal rate of interest on
Q26: The supply-siders argue that investment is<br>A)primarily a
Q27: Would you classify the U.S.income tax system
Q29: The largest component of output growth in
Q30: During the Clinton administration,<br>A)government savings rose significantly.<br>B)total
Q31: Relative to the Keynesians,the supply-side economists<br>A)place more
Q32: Public policies designed to increase labor productivity
Q33: In 1994,the Republicans' "Contract with America" encompassed