Author Question: Temporary tax cuts would cause A) the AA-curve to shift left. B) the AA-curve to shift right. ... (Read 67 times)

jessicacav

  • Hero Member
  • *****
  • Posts: 558
Temporary tax cuts would cause
 
  A) the AA-curve to shift left.
  B) the AA-curve to shift right.
  C) the DD-curve to shift left.
  D) the DD-curve to shift right.
  E) a shift in the AA-curve, although the direction is ambiguous.

Question 2

Argentina provides a recent example of a currency board success.
 
  Indicate whether the statement is true or false



kingfahad97

  • Sr. Member
  • ****
  • Posts: 308
Answer to Question 1

D

Answer to Question 2

FALSE
Explanation: The Argentinean currency board experiment was a failure, as the country could not maintain the peg and the Argentinean peso devalued to less than a third of its value in late 2001, early 2002



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

The first-known contraceptive was crocodile dung, used in Egypt in 2000 BC. Condoms were also reportedly used, made of animal bladders or intestines.

Did you know?

Drug abusers experience the following scenario: The pleasure given by their drug (or drugs) of choice is so strong that it is difficult to eradicate even after years of staying away from the substances involved. Certain triggers may cause a drug abuser to relapse. Research shows that long-term drug abuse results in significant changes in brain function that persist long after an individual stops using drugs. It is most important to realize that the same is true of not just illegal substances but alcohol and tobacco as well.

Did you know?

More than 150,000 Americans killed by cardiovascular disease are younger than the age of 65 years.

Did you know?

Asthma cases in Americans are about 75% higher today than they were in 1980.

Did you know?

To maintain good kidney function, you should drink at least 3 quarts of water daily. Water dilutes urine and helps prevent concentrations of salts and minerals that can lead to kidney stone formation. Chronic dehydration is a major contributor to the development of kidney stones.

For a complete list of videos, visit our video library