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Author Question: Taxes and transfer payments automatically reduce fluctuations in real GDP and thereby stabilize the ... (Read 118 times)

Medesa

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on: Jun 29, 2018
Taxes and transfer payments automatically reduce fluctuations in real GDP and thereby stabilize the economy without any need for decisions from Congress or the White House.
 
  Indicate whether the statement is true or false

Question 2

Labor productivity increases if
 
  i. human capital decreases.
  ii. technology advances.
  iii. quality of education decreases.
  A) Both ii and iii
  B) Both i and ii
  C) i only
  D) ii only
  E) iii only
Macroeconomics: Principles, Applications and Tools ¦ O'Sullivan, Sheffrin, Perez ¦ 7th Edition
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epscape

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

TRUE

Answer to Question 2

D


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