Refer to the above figure. Which panel is consistent with the Fed selling bonds?
A. Panel A
B. Panel B
C. Panel C
D. Panel D
Answer: A
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If the supply of automobiles becomes more inelastic, then a tax on automobiles is
A) paid more by the buyers after the change than before. B) paid more by the sellers after the change than before. C) always split evenly between the buyers and the sellers. D) paid more by the government after the change than before. E) always paid entirely by the buyers.
Consider two people, Sandy Roos, who earns $25,000 . and Gary Behrman, who earns $50,000 . If the government has decided to tax everyone's first $25,000 at 20 percent and everyone's second $25,000 at 40 percent, then Gary pays
a. $10,000 in taxes and Sandy pays $5,000 in taxes b. $10,000 in taxes and Sandy pays $10,000 in taxes c. $15,000 in taxes and Sandy pays $5,000 in taxes d. $15,000 in taxes and Sandy pays $10,000 in taxes e. $17,000 in taxes and Sandy pays $5,000 in taxes
Crowding out results in a decrease in
A) transfer payments. B) defense spending. C) private spending. D) government spending.
How will increased usage of the Internet by employers and employees influence the job search process
What will be an ideal response?