« previous next »

Author Question: Suppose the government's initial debt is 400 billion. If for the next three years the government ... (Read 74 times)

crobinson2013

  • Hero Member
  • *****
  • Posts: 535
on: Jun 30, 2018
Suppose the government's initial debt is 400 billion. If for the next three years the government runs deficits of 150, 125, and 200 billion, the government's additional debt at the end of the three years will be
 
  A) -50 billion. B) 50 billion. C) 475 billion. D) 900 billion.

Question 2

The idea that policy actions have no real effects in the short run if they are anticipated and no real effects in the long run is called the
 
  A) adaptive proposition. B) activism proposition.
  C) Keynesian proposition. D) policy irrelevance proposition.


mjenn52

  • Sr. Member
  • ****
  • Posts: 351
Reply #1 on: Jun 30, 2018
Answer to Question 1

C

Answer to Question 2

D


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question

crobinson2013

  • Hero Member
  • *****
  • Posts: 535
Reply #2 on: Jun 30, 2018
Thank you :)


mjenn52

  • Sr. Member
  • ****
  • Posts: 351
Reply #3 on: Jun 30, 2018
Happy to help you


« previous next »
 

Did you know?

During pregnancy, a woman is more likely to experience bleeding gums and nosebleeds caused by hormonal changes that increase blood flow to the mouth and nose.

Did you know?

As many as 28% of hospitalized patients requiring mechanical ventilators to help them breathe (for more than 48 hours) will develop ventilator-associated pneumonia. Current therapy involves intravenous antibiotics, but new antibiotics that can be inhaled (and more directly treat the infection) are being developed.

Did you know?

In inpatient settings, adverse drug events account for an estimated one in three of all hospital adverse events. They affect approximately 2 million hospital stays every year, and prolong hospital stays by between one and five days.

Did you know?

Alzheimer's disease affects only about 10% of people older than 65 years of age. Most forms of decreased mental function and dementia are caused by disuse (letting the mind get lazy).

Did you know?

Pink eye is a term that refers to conjunctivitis, which is inflammation of the thin, clear membrane (conjunctiva) over the white part of the eye (sclera). It may be triggered by a virus, bacteria, or foreign body in the eye. Antibiotic eye drops alleviate bacterial conjunctivitis, and antihistamine allergy pills or eye drops help control allergic conjunctivitis symptoms.

Hong Kong is a strange situation. A British colony since 1842, it was handed back to China in 1997 a Hong Kong is a strange situation. A British colony since 1842, it was handed back to China in 1997 a
Find the final amount if the initial amount is 400 units. Find the final amount if the initial amount is 400 units.
Extinction and extirpation per years Extinction and extirpation per years
Growth of Government Spending, 1870–2009 Growth of Government Spending, 1870–2009
A man put aside $5710.00 at the end of every 3 months for seven years. How much will he have ... A man put aside $5710.00 at the end of every 3 months for seven years. How much will he have ...
Population age 65 and over and age 85 and over, selected years 1900-2008 and projected 2010-2050. Population age 65 and over and age 85 and over, selected years 1900-2008 and projected 2010-2050.
Video: Causes of Angina

For a complete list of videos, visit our video library