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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>
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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 . •
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 .
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