A Change in Autonomous Net Taxes Affects the Equilibrium Quantity

question 40

Multiple Choice

A change in autonomous net taxes affects the equilibrium quantity of GDP demanded

• A)in the same way as a change in autonomous government purchases
• B)in the same way as a change in autonomous planned investment
• C)in the same way as a change in autonomous net exports
• D)only indirectly,by first changing the level of disposable income
• E)in an unpredictable manner

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Definitions:

Probability Of Success

The likelihood that a specified event or outcome will occur, often utilized in the context of trials or experiments.

Variance

A measure of the dispersion, indicating how far individual numbers in a set are from the mean.

Increase

A rise or growth in quantity, size, number, value, or some other measure.

Binomial Distribution

A probability distribution that describes the number of successes in a fixed number of independent Bernoulli trials with the same probability of success.