« previous next »

Author Question: When there is a recessionary gap: a. Real output exceeds the natural level of real output. b. Real ... (Read 97 times)

dollx

  • Hero Member
  • *****
  • Posts: 558
on: Jun 30, 2018
When there is a recessionary gap:
 a. Real output exceeds the natural level of real output.
  b. Real output equals the natural level of real output.
 c. Real output is less than the natural level of real output.
  d. Any of the above is possible.

Question 2

The emphasis on the greater incentives to produce, created by lower taxes, has come to be known as:
 a. the trickle-down economics.
  b. the supply-side economics.
  c. the paradox of thrift.
  d. the permanent income hypothesis.
  e. monetarism.


aburgess

  • Sr. Member
  • ****
  • Posts: 361
Reply #1 on: Jun 30, 2018
Answer to Question 1

c

Answer to Question 2

b


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

Signs and symptoms that may signify an eye tumor include general blurred vision, bulging eye(s), double vision, a sensation of a foreign body in the eye(s), iris defects, limited ability to move the eyelid(s), limited ability to move the eye(s), pain or discomfort in or around the eyes or eyelids, red or pink eyes, white or cloud spots on the eye(s), colored spots on the eyelid(s), swelling around the eyes, swollen eyelid(s), and general vision loss.

Did you know?

In most cases, kidneys can recover from almost complete loss of function, such as in acute kidney (renal) failure.

Did you know?

In the ancient and medieval periods, dysentery killed about ? of all babies before they reach 12 months of age. The disease was transferred through contaminated drinking water, because there was no way to adequately dispose of sewage, which contaminated the water.

Did you know?

The newest statin drug, rosuvastatin, has been called a superstatin because it appears to reduce LDL cholesterol to a greater degree than the other approved statin drugs.

Did you know?

Although puberty usually occurs in the early teenage years, the world's youngest parents were two Chinese children who had their first baby when they were 8 and 9 years of age.

Natural seletion Natural seletion
Selected Natural Products Selected Natural Products
Natural Products Natural Products
Some vehicles use a surge tank, which is located at the highest level of the cooling system, with ... Some vehicles use a surge tank, which is located at the highest level of the cooling system, with ...
Natural Causes of Climate Change Natural Causes of Climate Change
Inferring Productivity from Data on Output and Factor Accumulation Inferring Productivity from Data on Output and Factor Accumulation
Video: Dietary Cholesterol & LDL

For a complete list of videos, visit our video library