« previous next »

Author Question: Refer to the above figure. Suppose the relevant aggregate demand curve is AD2. If the government ... (Read 85 times)

mynx

  • Hero Member
  • *****
  • Posts: 555
on: Jun 30, 2018
Refer to the above figure. Suppose the relevant aggregate demand curve is AD2. If the government wants to use fiscal policy to close the existing gap, it should
 
  A) increase government spending. B) increase taxes.
  C) increase the money supply. D) decrease taxes.

Question 2

A growth process whereby relatively poorer nations increase their income by taking advantage of knowledge and technologies already invented in other, technologically more advanced countries is referred to as:
 
  A) trade-based growth. B) transfer growth.
  C) innovative growth. D) catch-up growth.


succesfull

  • Sr. Member
  • ****
  • Posts: 339
Reply #1 on: Jun 30, 2018
Answer to Question 1

B

Answer to Question 2

D


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

More than one-third of adult Americans are obese. Diseases that kill the largest number of people annually, such as heart disease, cancer, diabetes, stroke, and hypertension, can be attributed to diet.

Did you know?

Prostaglandins were first isolated from human semen in Sweden in the 1930s. They were so named because the researcher thought that they came from the prostate gland. In fact, prostaglandins exist and are synthesized in almost every cell of the body.

Did you know?

About one in five American adults and teenagers have had a genital herpes infection—and most of them don't know it. People with genital herpes have at least twice the risk of becoming infected with HIV if exposed to it than those people who do not have genital herpes.

Did you know?

The most dangerous mercury compound, dimethyl mercury, is so toxic that even a few microliters spilled on the skin can cause death. Mercury has been shown to accumulate in higher amounts in the following types of fish than other types: swordfish, shark, mackerel, tilefish, crab, and tuna.

Did you know?

Bacteria have been found alive in a lake buried one half mile under ice in Antarctica.

Attention and memory are in demand during circle time. Attention and memory are in demand during circle time.
Drug tolerance: A shift in the dose-response curve to the right as a result of exposure to the drug. Drug tolerance: A shift in the dose-response curve to the right as a result of exposure to the drug.
Linear dose-response curve Linear dose-response curve
The demand for cheap coal to generate electrical power is rising The demand for cheap coal to generate electrical power is rising
A government of Ontario 364-day T-bills with a face value of $50 000 were purchased on January ... A government of Ontario 364-day T-bills with a face value of $50 000 were purchased on January ...
The constitutional division of Powers Between the National Government and the States The constitutional division of Powers Between the National Government and the States
Video: Non-specific disease resistance mechanisms & Skin's defense barriers

For a complete list of videos, visit our video library