As you progress through the tutorial, the question sequences will become available. You must complete all the question sequences to receive credit for this tutorial.
Tutorial
Econ Tutorial
Income and Expenditure
As you progress through the tutorial, the question sequences will become available. You must complete all the question sequences to receive credit for this tutorial.
You have completed 0 question sequences out of 2.
Question 1 of 1
Questions
2
39
Question
Which of the following is likely to decrease the level of equilibrium GDP?
A.
B.
C.
D.
2
2
Question 1 of 2
Questions
4
19
Question
If the President raises income taxes to help reduce the deficit, which of the following describes the effect this should have on our model?
A.
B.
C.
D.
2
Question
If, as a result of the ACA (Affordable Care Act, AKA Obamacare), medical costs are reduced and consumer incomes rise, which of the following describes the effect this should have on our model?