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Author Question: Part of the spending on the Doyle Drive project in northern California came from the American ... (Read 83 times)

folubunmi

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on: Jun 29, 2018
Part of the spending on the Doyle Drive project in northern California came from the American Reinvestment and Recovery Act, which is an example of discretionary fiscal policy aimed at increasing
 
  A) tax revenues and the federal budget surplus. B) the money supply and money demand.
  C) disposable income and interest rates. D) real GDP and employment.

Question 2

Refer to Figure 24-3. Suppose the economy is at point C. If investment spending decreases in the economy, where will the eventual long-run equilibrium be?
 
  A) A B) B C) C D) D


parshano

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Reply #1 on: Jun 29, 2018
Answer to Question 1

D

Answer to Question 2

A


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