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Author Question: The size of the spending multiplier depends on the level of real GDP. a. True b. False Indicate ... (Read 32 times)

vinney12

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  • Posts: 586
on: Jun 30, 2018
The size of the spending multiplier depends on the level of real GDP.
 a. True
  b. False
  Indicate whether the statement is true or false

Question 2

According to adaptive expectations theory, which of the following would be the result of expansionary monetary and fiscal policies?
 a. There is a short-run reduction in unemployment.
  b. There is a long-run trade off between inflation and unemployment.
  c. The inflation rate falls in the long run.
  d. The economy always operates at the natural rate of unemployment


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aham8f

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Reply #1 on: Jun 30, 2018
Answer to Question 1

False

Answer to Question 2

a


vinney12

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  • Posts: 586
Reply 2 on: Jun 30, 2018
Great answer, keep it coming :)

ryhom

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Reply 3 on: Yesterday
Excellent

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