Author Question: Temporary tax cuts would cause A) the AA-curve to shift left. B) the AA-curve to shift right. ... (Read 56 times)

jessicacav

  • Hero Member
  • *****
  • Posts: 558
Temporary tax cuts would cause
 
  A) the AA-curve to shift left.
  B) the AA-curve to shift right.
  C) the DD-curve to shift left.
  D) the DD-curve to shift right.
  E) a shift in the AA-curve, although the direction is ambiguous.

Question 2

Argentina provides a recent example of a currency board success.
 
  Indicate whether the statement is true or false



kingfahad97

  • Sr. Member
  • ****
  • Posts: 308
Answer to Question 1

D

Answer to Question 2

FALSE
Explanation: The Argentinean currency board experiment was a failure, as the country could not maintain the peg and the Argentinean peso devalued to less than a third of its value in late 2001, early 2002



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

Carbamazepine can interfere with the results of home pregnancy tests. If you are taking carbamazepine, do not try to test for pregnancy at home.

Did you know?

The use of salicylates dates back 2,500 years to Hippocrates's recommendation of willow bark (from which a salicylate is derived) as an aid to the pains of childbirth. However, overdosage of salicylates can harm body fluids, electrolytes, the CNS, the GI tract, the ears, the lungs, the blood, the liver, and the kidneys and cause coma or death.

Did you know?

Lower drug doses for elderly patients should be used first, with titrations of the dose as tolerated to prevent unwanted drug-related pharmacodynamic effects.

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.

Did you know?

Blastomycosis is often misdiagnosed, resulting in tragic outcomes. It is caused by a fungus living in moist soil, in wooded areas of the United States and Canada. If inhaled, the fungus can cause mild breathing problems that may worsen and cause serious illness and even death.

For a complete list of videos, visit our video library