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lozanna [386]
3 years ago
15

Permanent tax cuts shift the AD curveSelect one:a. farther to the left than do temporary tax cuts.b. not as far to the right as

do temporary tax cuts.c. farther to the right than do temporary tax cuts.d. not as far to the left as do temporary tax cuts.Jump to...
Business
1 answer:
Phoenix [80]3 years ago
6 0

Answer:

farther to the right than temporary tax cuts

Explanation:

The permanent tax cuts have more impact on consumption spending than temporary one. A permanent tax cut raises the expected lifetime wealth and increases autonomous consumption, thus leading to an upward shift of the consumption function. Consequently the permanent tax cuts shift the AD curve farther to the right compared to the temporary tax cuts.

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How much would Israel’s nominal GDP growth be next year if it experienced real GDP growth next year the same as its average over
NNADVOKAT [17]

Answer:

Nominal GDP growth = 7.25%

Explanation:

Given:

Inflation rate = 3%

Population growth = 1%

Note:

Growth rate in real GDP (Not given) = 3.25%

Find:

Nominal GDP growth

Computation:

Nominal GDP growth = Inflation rate + Population growth + Growth rate in real GDP

Nominal GDP growth = 3% + 1% + 3.25%

Nominal GDP growth = 7.25%

8 0
3 years ago
What are the two principal animal research regulatory documents used by the public health service?
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<span>"Public Health Service Policy on Humane Care and Use of Laboratory Animals" by the US Deparment of Health and Human Services; and "Guide for the Care and Use of Laboratory Animals" by the National Research Council of the National Academies.</span>
6 0
3 years ago
A good with many close substitutes is likely to have relatively ___________(elastic,inelastic) demand, since consumers can easil
butalik [34]

Answer:

Elastic demand

A heart valve

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If both a diamond necklace and a heart valve for heart attack victims are priced the same, the price elasticity for the heart valve will be lower. This is because the diamond necklace is a luxury good but the heart valve is necessary for the survival of the victim.

6 0
2 years ago
The research and development department of a large manufacturing company would likely be organized as
zlopas [31]
The choices were <span>A. A profit center.  B. A cost center. C. A revenue center.
D. An investment center.

The answer is B. a cost center. 

Cost centers give profit to a company indirectly. It can come from human resources, the right people for the job are hired makes efficient work done carefully. Research and development is also a cost center because it can search for productive works and innovations that can help the company address its weaknesses. R&D can lower the budget cost and still maintain the quality of products.  </span>
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3 years ago
Which of the following group of countries is more likely to lag in terms of green practices, according to the IBM study mentione
Alexxandr [17]

Answer:

Correct answer is A. North America

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3 years ago
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