This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: Which of the following would lead to stagflation? a. demand-pull inflation b. cost-push inflation ... (Read 277 times)

debasdf

  • Hero Member
  • *****
  • Posts: 570
on: Jun 30, 2018
Which of the following would lead to stagflation?
 a. demand-pull inflation
  b. cost-push inflation
 c. both of the above
 d. none of the above

Question 2

Suppose the equilibrium level of income exceeds the full employment level of income and there is high inflation. Hence, the government decides to implement a fiscal policy that will act to reduce national output and prices. This can be accomplished by:
 a. increasing government spending such that aggregate expenditures are increased.
  b. raising taxes and government spending by the same amount such that aggregate supply is decreased and aggregate demand is increased.
  c. decreasing government spending such that aggregate demand is reduced.
  d. lowering average tax rates such that aggregate supply is increased.
  e. increasing transfer payments such that aggregate expenditures decline.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

cloud

  • Sr. Member
  • ****
  • Posts: 343
Reply #1 on: Jun 30, 2018
Answer to Question 1

b

Answer to Question 2

c


debasdf

  • Member
  • Posts: 570
Reply 2 on: Jun 30, 2018
Gracias!

lkanara2

  • Member
  • Posts: 329
Reply 3 on: Yesterday
:D TYSM

« previous next »
 

Did you know?

In ancient Rome, many of the richer people in the population had lead-induced gout. The reason for this is unclear. Lead poisoning has also been linked to madness.

Did you know?

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

Did you know?

One way to reduce acid reflux is to lose two or three pounds. Most people lose weight in the belly area first when they increase exercise, meaning that heartburn can be reduced quickly by this method.

Did you know?

The first war in which wide-scale use of anesthetics occurred was the Civil War, and 80% of all wounds were in the extremities.

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.

Observable Universe Before and After Inflation Observable Universe Before and After Inflation
The world has been horrified recently at a U.S. Congress so polarized and paralyzed that it cannot p The world has been horrified recently at a U.S. Congress so polarized and paralyzed that it cannot p
Children in Baltimore (1909) pull the stringy parts from beans in preparation for canning. Photograp Children in Baltimore (1909) pull the stringy parts from beans in preparation for canning. Photograp
Features of a normal 12-lead ECG. Features of a normal 12-lead ECG.
The demand for energy is met by burning coal and other fossil fuels The demand for energy is met by burning coal and other fossil fuels
A company that makes cell phones has the following cost structure. They have fixed costs of ... A company that makes cell phones has the following cost structure. They have fixed costs of ...
Video: Second Messengers in the Inositol-lipid Signaling Pathway

For a complete list of videos, visit our video library