Starting from a balanced budget, for a given tax rate, an increasing in income will cause the government budget to ?

Related Mcqs:

The length of a business cycle would be measured from ?

A. the slump to the expansion B. peak to peak C. peak to trough D. trough to peak...

If the MPC is 0.5 the multiplier is ?

A. 2 B. 1/2 C. 0.2 D. 20...

Aggregate demand without a foreign sector is the sum of ?

A. C + 1 B. C + G C. I + G D. C + 1 + G...

Aggregate supply is the total amount ?

A. produced by the government B. of products produced by a given industry C. of labor supplied by all households D. of goods and services produced in an economy...

In an economy measuring (1) total value added (2)total spending on final goods and (3)total factor earning gives the result that ?

A. 3>2>1 B. 3=2=1 C. 3<2<1 D. any measure can be larger or smaller than any other...