All of the following make the use of fiscal policy less attractive EXCEPT
A) that it cannot be effective unless it is accommodated with expansionary monetary policy.
B) the substantial margin of error in the value of the multiplier.
C) the legislative lag, which is the time it takes for Congress and the President to pass and implement the measure.
D) the crowding out effect, which is the decrease in private spending that occurs due to increased government spending.
Question 2
If two countries agree to specialize and trade based on comparative advantage, which of the following is most likely to be true?
A) Both of the countries will consume outside their respective production possibilities curves.
B) One of the countries will end up receiving all of the gains from trade.
C) One of the countries will both consume and produce on its production possibilities curve.
D) Only one of the countries will produce on and consume outside its production possibilities curve.
When connecting a starter tester such as a Sun VAT 45 to the vehicle, make certain that the ...
Maze-dull rats did not make significantly more errors than maze-bright rats when both groups were ...
International Economics: Theory and Policy (10th Edition)
If we make the substitution z=sqrt(x) to ∫sqrt(1-sqrt(x)) dx, the resulting integral is
To make a 3.00 m solution, one could take 3.00 moles of solute and add
Using the Ti plasmid to make a transgenic plant