1 / 3

ECO 372 Week 3 Apply Public Finance and Aggregate Demand and Supply Homework//tutorfortune.com

ECO 372 Week 3 Apply Public Finance and Aggregate Demand and Supply Homework//tutorfortune.com<br><br>Click on below link to buy<br>https://tutorfortune.com/products/eco-372-week-3-apply-public-finance-and-aggregate-demand-and-supply-homework<br><br>ECO 372 Week 3 Apply: Public Finance and Aggregate Demand and Supply Homework<br><br>Review the Week 3 Public Finance and Aggregate Demand and Supply Quiz in preparation for this assignment.<br><br>Complete the Week 3 Public Finance and Aggregate Demand and Supply Assignment in McGraw-Hill Connectu00ae. These are randomized questions.<br><br>Note: You have only one attempt available to complete assignments. Grades must be transferred manually to eCampus by your instructor. Don't worry, this might happen after your due date.<br><br> <br><br>Which of the following descriptions is most representative of the mix of revenues and expenditures of a local government?<br><br> <br><br>u2022 <br><br>Revenue is predominantly from income taxes and payroll taxes. Expenditures include income security and interest on debt.<br><br>u2022 <br><br>Revenue is predominantly from sales taxes and may include personal or corporate income taxes. Expenditures include investments in education and infrastructure.<br><br>u2022 <br><br>Revenue is predominantly from property taxes but may include sales taxes or income taxes. Expenditures include investments in education and public welfare.<br><br>u2022 <br><br>Revenue is predominantly from excise taxes and property taxes. Expenditures include investments in infrastructure and national defense.<br><br>Which of the following transactions best represents the government playing the role of provider of a good or service?<br><br> <br><br>u2022 <br><br>The local government purchases office furniture for renovations to its Department of Parks and Recreation.<br><br>u2022 <br><br>The federal government provides Social Security checks to those citizens who qualify for the payment.<br><br>The aggregate supply curve (short run) _____.<br><br> <br><br>Multiple Choice<br><br>u2022 <br><br>slopes upward and to the right<br><br>u2022 <br><br>graphs as a vertical line<br><br>u2022 <br><br>slopes downward and to the right<br><br>u2022 <br><br>graphs as a horizontal line<br> <br>ECO 372 Week 3 Apply: Public Finance and Aggregate Demand and Supply Homework<br><br>Click on below link to buy<br>https://tutorfortune.com/products/eco-372-week-3-apply-public-finance-and-aggregate-demand-and-supply-homework<br><br>

dotdots
Download Presentation

ECO 372 Week 3 Apply Public Finance and Aggregate Demand and Supply Homework//tutorfortune.com

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript


  1. ECO 372 Week 3 Apply Public Finance and Aggregate Demand and Supply Homework// tutorfortune.com Click on below link to buy https://tutorfortune.com/products/eco-372-week-3-apply-public-finance-and-aggregate- demand-and-supply-homework E C O 3 7 2 We e k 3 A p p l y : P u b l i c F i n a n c e a n d A g g r e g a t e D e ma n d a n d S u p p l y H o me w o r k R e v i e w   t h e We e k 3 P u b l i c F i n a n c e a n d A g g r e g a t e D e ma n d a n d S u p p l y Q u i z i n p r e p a r a t i o n f o r t h i s a s s i g n me n t . C o mp l e t e   t h e We e k 3 P u b l i c F i n a n c e a n d A g g r e g a t e D e ma n d a n d S u p p l y A s s i g n me n t i n Mc G r a w - H i l l C o n n e c t ® . T h e s e a r e r a n d o mi z e d q u e s t i o n s . N o t e : Y o u h a v e o n l y o n e a t t e mp t a v a i l a b l e t o c o mp l e t e a s s i g n me n t s . G r a d e s mu s t b e t r a n s f e r r e d ma n u a l l y t o e C a mp u s b y y o u r i n s t r u c t o r . D o n ' t w o r r y , t h i s mi g h t h a p p e n a f t e r y o u r d u e d a t e .   Wh i c h o f t h e f o l l o w i n g d e s c r i p t i o n s i s mo s t r e p r e s e n t a t i v e o f t h e mi x o f r e v e n u e s a n d e x p e n d i t u r e s o f a l o c a l g o v e r n me n t ?   •               R e v e n u e i s p r e d o mi n a n t l y f r o m i n c o me t a x e s a n d p a y r o l l t a x e s . E x p e n d i t u r e s i n c l u d e i n c o me s e c u r i t y a n d i n t e r e s t o n d e b t . •              

  2. R e v e n u e i s p r e d o mi n a n t l y f r o m s a l e s t a x e s a n d ma y i n c l u d e p e r s o n a l o r c o r p o r a t e i n c o me t a x e s . E x p e n d i t u r e s i n c l u d e i n v e s t me n t s i n e d u c a t i o n a n d i n f r a s t r u c t u r e . •               R e v e n u e i s p r e d o mi n a n t l y f r o m p r o p e r t y t a x e s b u t ma y i n c l u d e s a l e s t a x e s o r i n c o me t a x e s . E x p e n d i t u r e s i n c l u d e i n v e s t me n t s i n e d u c a t i o n a n d p u b l i c w e l f a r e . •               R e v e n u e i s p r e d o mi n a n t l y f r o m e x c i s e t a x e s a n d p r o p e r t y t a x e s . E x p e n d i t u r e s i n c l u d e i n v e s t me n t s i n i n f r a s t r u c t u r e a n d n a t i o n a l d e f e n s e . Wh i c h o f t h e f o l l o w i n g t r a n s a c t i o n s b e s t r e p r e s e n t s t h e g o v e r n me n t p l a y i n g t h e r o l e o f p r o v i d e r o f a g o o d o r s e r v i c e ?   •               T h e l o c a l g o v e r n me n t p u r c h a s e s o ffi c e f u r n i t u r e f o r r e n o v a t i o n s t o i t s D e p a r t me n t o f P a r k s a n d R e c r e a t i o n . •               T h e f e d e r a l g o v e r n me n t p r o v i d e s S o c i a l S e c u r i t y c h e c k s t o t h o s e c i t i z e n s w h o q u a l i f y f o r t h e p a y me n t .

  3. T h e a g g r e g a t e s u p p l y c u r v e ( s h o r t r u n ) _ _ _ _ _ .   Mu l t i p l e C h o i c e •               s l o p e s u p w a r d a n d t o t h e r i g h t •               g r a p h s a s a v e r t i c a l l i n e •               s l o p e s d o w n w a r d a n d t o t h e r i g h t •               g r a p h s a s a h o r i z o n t a l l i n e   E C O 3 7 2 We e k 3 A p p l y : P u b l i c F i n a n c e a n d A g g r e g a t e D e ma n d a n d S u p p l y H o me w o r k Click on below link to buy https://tutorfortune.com/products/eco-372-week-3-apply-public-finance-and-aggregate- demand-and-supply-homework

More Related