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Author Question: Which of the following will be a short run impact of a pre-election expansionary fiscal policy, ... (Read 64 times)

RYAN BANYAN

  • Hero Member
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  • Posts: 563
on: Jun 30, 2018
Which of the following will be a short run impact of a pre-election expansionary fiscal policy, public expectations remaining constant?
 a. An increase in unemployment
  b. A decline in real GDP
  c. An increase in real GDP
  d. A fall in the rate of inflation
  e. An economic recession

Question 2

A straight line demand curve has a different elasticity of demand at different points along the curve.
 a. True
  b. False
  Indicate whether the statement is true or false


bimper21

  • Sr. Member
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  • Posts: 309
Reply #1 on: Jun 30, 2018
Answer to Question 1

c

Answer to Question 2

True


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