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Author Question: Which of the following macroeconomic variables would likely be affected by a fiscal policy? a. The ... (Read 50 times)

kshipps

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on: Jun 30, 2018
Which of the following macroeconomic variables would likely be affected by a fiscal policy?
 a. The nominal interest rate
  b. The exchange rate
 c. The discount rate
 d. Employment
 e. Money supply

Question 2

If a firm enlarges its factory size and realizes higher average (per unit) costs of production then:
 a. it has experienced economies of scale.
  b. it has experienced diseconomies of scale.
  c. it has experienced constant returns to scale.
  d. the long-run average cost curve slopes downward.
  e. the long-run average cost curve shifts upward.


kbennett34

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

d

Answer to Question 2

b


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