This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: From an initial long-run macroeconomic equilibrium, if the Federal Reserve anticipated that next ... (Read 72 times)

P68T

  • Hero Member
  • *****
  • Posts: 509
on: Jun 29, 2018
From an initial long-run macroeconomic equilibrium, if the Federal Reserve anticipated that next year aggregate demand would grow significantly slower than long-run aggregate supply, then the Federal Reserve would most likely
 
  A) decrease interest rates. B) decrease income tax rates.
  C) increase interest rates. D) increase income tax rates.

Question 2

The automatic mechanism ________ the price level in the case of ________ and ________ the price level in the case of ________.
 
  A) lowers; recession; raises; expansion B) raises; expansion; raises; recession
  C) raises; recession; lowers; expansion D) lowers; expansion; lowers; recession


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

FergA

  • Sr. Member
  • ****
  • Posts: 352
Reply #1 on: Jun 29, 2018
Answer to Question 1

A

Answer to Question 2

A


P68T

  • Member
  • Posts: 509
Reply 2 on: Jun 29, 2018
YES! Correct, THANKS for helping me on my review

kusterl

  • Member
  • Posts: 315
Reply 3 on: Yesterday
:D TYSM

« previous next »
 

Did you know?

Blood in the urine can be a sign of a kidney stone, glomerulonephritis, or other kidney problems.

Did you know?

Each year in the United States, there are approximately six million pregnancies. This means that at any one time, about 4% of women in the United States are pregnant.

Did you know?

Most childhood vaccines are 90–99% effective in preventing disease. Side effects are rarely serious.

Did you know?

The term bacteria was devised in the 19th century by German biologist Ferdinand Cohn. He based it on the Greek word "bakterion" meaning a small rod or staff. Cohn is considered to be the father of modern bacteriology.

Did you know?

According to animal studies, the typical American diet is damaging to the liver and may result in allergies, low energy, digestive problems, and a lack of ability to detoxify harmful substances.

Local and long–distance cell communication in animals. Local and long–distance cell communication in animals.
Transformation and Evolution of a Long-Period Comet Transformation and Evolution of a Long-Period Comet
The Hippocampal Formation and Long-Term Potentiation The Hippocampal Formation and Long-Term Potentiation
How long does it take for 90% of a sample of strontium-90 (half-life of 28.8 years) to decay? How long does it take for 90% of a sample of strontium-90 (half-life of 28.8 years) to decay?
Uncover the back down to the waist. Stand at the head to apply lubricant to the back using long ... Uncover the back down to the waist. Stand at the head to apply lubricant to the back using long ...
The initial phase of carbohydrate catabolism: glycolysis The initial phase of carbohydrate catabolism: glycolysis
Video: Vasectomy

For a complete list of videos, visit our video library