Tax multiplier - Study guides, Class notes & Summaries

California Real Estate Exam Multiple Choice Questions and Answers An appraiser's definition of "Value" would be: a. present worth of all rights to future benefits arising out of ownership. b. the ability of one commodity to command other commodities in exchange. c. relationship between the thing desired and the potential purchaser. d. all of the above. - Answer- d. all of the above. These are elements of value. Which of the following abbreviations is associated with the FHA? a. NAR ...

Which of the following problems of timing may arise in connection with fiscal policy correct answers Operational lags; administrative lags, recognition lags What provides the information needed to assess discretionary policy and determine whether it is expansionary, contractionary, or neutral? correct answers Cyclically adjusted budgets The crowding-out effect is a potential flaw or result of expansionary ___ policy. correct answers fiscal List in order the steps for government to follo...

Intermediate Macroeconomics Exam II Questions and Answers Model of aggregate demand and aggregate supply - ANSWER-Long run: prices flexible, output determined by factors of production & technology, unemployment equals its natural rate Short run: prices fixed, output determined by aggregate demand, unemployment negatively related to output The Keynesian cross - ANSWER-Closed economy model; income determined by expenditure. I = planned investment PE = C + I + G = planned expenditure Y = r...

professional appraisal practice - -imperfect information -reliable data & analysis applies -an appraisal is only as good as the appraiser & data available -OPINION of value -UNBIASED opinion of a 3rd PARTY with no direct interest in the property -Uniform Standards of Professional Appraisal Practice (USPAP) -Code of Ethics sales comparison (market) approach - -value of RE can be determined by analyzing the sale prices of similar properties -in a competitive market, close substitutes shou...

what happens to IS curve when taxes increase? correct answers shifts left what happens to IS curve when gov spending increases? correct answers shifts right what happens to IS curve when permanent income increases? correct answers shifts right what happens to IS curve when stock prices fall? correct answers shifts left what happens to IS curve when corporate taxes increase? correct answers shifts left money demand is ___ when output is high correct answers high money demand is ...

Real Estate Practice Exam Questions and Answers 100% Pass 1. Brokerage definition... the business practice of bringing together the parties in a practice. 2. What are two examples of special use property? schools and cemetary 3. What is an example of functional obsolescence? bathroom 4. Principal definition... a consumer of real estate services who has entered into an agency relationship with a broker or another licensee employed by a broker. 5. Capitalization definition... th...

Leverage The borrowing of funds in hopes of earning a greater return than the cost of the borrowed funds list, value, discover The basic responsibilities of the assessor for all taxable property. Conduct periodic on-site inspection of properties One of the steps an assessor must take in the discovery of property Ad Valorem The property tax, meaning it is based on value. Budget Divided by the assessed value equals the tax rate Effective tax rate Assessment...

Segregated Funds and Annuities Exam 2024 Investing -Correct Answer-using money to make money Principal -Correct Answer-initial capital/seed sometimes ACB (adjusted cost base) Fair market value -Correct Answer-current value of a property Return, gain, growth, interest -Correct Answer-profit above the principal Liquidity -Correct Answer-quick, easy, conversion to cash, without affecting value Volatility -Correct Answer-fluctuation in investment value Leveraging -Correct Answer-borrowing mo...

Massachusetts Real Estate Exam 2 Questions with Answers Freehold Estates - Answer-owner has title for indefinite duration Non-Freehold Estates - Answer-limited duration (lease) Concurrent Estates - Answer-2 or more persons hold title together Gross Rent Multiplier - Answer-indicates market value of the subject from similar houses rented. divide selling price by rent. add the numbers and average. GMRM x monthly rent = value residence selling for $160,000 and renting for $1200 th...

The AD shortfall. correct answers The amount of additional aggregate demand needed to achieve full employment after allowing for price level changes is Horizontal distance between the aggregate demand curve necessary for full employment and the aggregate demand curve that intersects AS at the equilibrium price. correct answers In a diagram of aggregate demand and supply curves, the AD shortfall is measured as the $3 million - (AD shortfall/multiplier) correct answers If the multiplier equa...