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Author Question: An equal increase in government purchases and taxes will cause A) an increase in real GDP. B) an ... (Read 120 times)

newbem

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on: Jun 29, 2018
An equal increase in government purchases and taxes will cause
 
  A) an increase in real GDP.
  B) an increase in the budget surplus.
  C) no change in real GDP.
  D) a reduction in cyclically adjusted budget surplus.

Question 2

In October 2008, Congress passed the Troubled Asset Relief Program (TARP), under which the Treasury provided ________ to banks in exchange for ________.
 
  A) financial advice; promises to expand mortgage lending
  B) funds; stock
  C) bonds; cash
  D) lines of credit; loan guarantees


Jordin Calloway

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Reply #1 on: Jun 29, 2018
Answer to Question 1

A

Answer to Question 2

B


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newbem

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Reply #2 on: Jun 29, 2018
Thank you :)


Jordin Calloway

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Reply #3 on: Jun 29, 2018
Happy to help you


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