What does the slope of a straight line equal? How is the slope of a curved line calculated at a point on the curve?
What will be an ideal response?
The slope of a straight line is calculated between two points on the line. Between the two points on the line, the slope equals the change in the value of the variable measured on the vertical axis (the y-axis) divided by the change in the value of the variable measured on the horizontal axis (the x-axis). The slope of a curved line calculated at a point on the curve is equal to the slope of a tangent straight line. At that point on the curved line, draw a straight line that touches the curved line at only that point. Then, calculate the slope of the straight line. The slope of the curved line at that point equals the slope of the straight line.
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The government spending multiplier is equal to the tax multiplier
Indicate whether the statement is true or false
Explain how indirect crowding out can offset expansionary fiscal policy
What will be an ideal response?
Near monies are close substitutes for
A. commodity monies. B. transactions monies. C. token monies. D. fiat monies.
Explain how the threat of a leveraged buyout or a takeover can actually address the problem of moral hazard.
What will be an ideal response?