QUESTION 7 wil be o less than $100 billion because some people will respond by w
ID: 1126411 • Letter: Q
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QUESTION 7 wil be o less than $100 billion because some people will respond by working less interest rates will also be atected exacty $100 bison because there aro no offset,ing factors to a tax increase moee than S100 blon, because lower income people will work harder when they perceive the tax system to be fairer QUESTION 38 The recognition time lag is the time that elapses between of the process and the final budget resolution O when an econoemic problem manifests itself and it is oficially o implementing policies to solve an economic problem and when the resuls of that policy can be measured O the recognition of an econamic problem and implementing policies to solve it QUESTION 39 an increase in fees at national parks QUESTION 40 to sšmulato the economy and increase empleyment The legislaßion is passed in August 2015, and the spanding occurs from Octsber In January will bo fot some time after September 2016 because the tul muitiler ffects cannat be felt unti all the incarease in spending takes place O the full impact of the bill will be felt by the end of September 2015 the himpact otthe bil wil be felt by the midde of October 2015 because peale aticpm the esa.ne meened O the economy should be at full employment by December 2015 pending Click Save and Submit to sanve and submit. Click Save All Ansvers to save ail answersExplanation / Answer
The supporters of a proposal to increase marginal taxes on those earning over $ 200,000 a year say this change would generate $100 billion in new tax revenues. A supply-side actual revenue raised will be less than $100 billion because some people will respond by working less. Option(A) is correct.
The recognition time lag is the time that elapses between implementing policies to solve an economic problem and when the results of that policy can be measured. Option(c) is correct.
An example of an automatic stabilizer is the progressive income tax. Option(D) is correct.
In january 2014 , The president submits a bill to congress that is designed to stimulate the economy and increase employment. The legislation is passed in august 2015 , and the spending occurs from October 2016 to September 2016 . Consequently,the full effect of the spending will be felt some time after September 2016 because the full multiplier effects cannot be felt until all the increase in spending takes place. Option(A) is correct.
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