« previous next »

Author Question: Within a fixed exchange rate system, the effect of an expansionary fiscal policy action on the ... (Read 110 times)

evelyn o bentley

  • Hero Member
  • *****
  • Posts: 564
on: Jun 30, 2018
Within a fixed exchange rate system, the effect of an expansionary fiscal policy action on the balance of payments will be to
 
  a. worsen the balance on the capital account but improve the trade balance.
  b. worsen the trade balance but improve the balance on the capital account.
  c. worsen both the trade balance and the balance on the capital account.
  d. improve both the trade balance and the balance on the capital account.

Question 2

In the long run, according to Monetarists
 
  a. the natural rates of output and employment depend on factor supplies.
  b. the natural rates of output and employment depend on technology.
  c. the influence of the money stock is mainly on the price level and other nominal variables.
  d. All of the above


joanwhite

  • Sr. Member
  • ****
  • Posts: 308
Reply #1 on: Jun 30, 2018
Answer to Question 1

C

Answer to Question 2

D


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

In the United States, an estimated 50 million unnecessary antibiotics are prescribed for viral respiratory infections.

Did you know?

The term bacteria was devised in the 19th century by German biologist Ferdinand Cohn. He based it on the Greek word "bakterion" meaning a small rod or staff. Cohn is considered to be the father of modern bacteriology.

Did you know?

As the western states of America were settled, pioneers often had to drink rancid water from ponds and other sources. This often resulted in chronic diarrhea, causing many cases of dehydration and death that could have been avoided if clean water had been available.

Did you know?

The average person is easily confused by the terms pharmaceutics and pharmacology, thinking they are one and the same. Whereas pharmaceutics is the science of preparing and dispensing drugs (otherwise known as the science of pharmacy), pharmacology is the study of medications.

Did you know?

Before a vaccine is licensed in the USA, the Food and Drug Administration (FDA) reviews it for safety and effectiveness. The CDC then reviews all studies again, as well as the American Academy of Pediatrics and the American Academy of Family Physicians. Every lot of vaccine is tested before administration to the public, and the FDA regularly inspects vaccine manufacturers' facilities.

Organs of the urinary system. This illustration is an anterior view of a female with the abdominal w Organs of the urinary system. This illustration is an anterior view of a female with the abdominal w
The conduction system of the heart. The conduction system of the heart.
The skeletal system. The skeletal system.
Lean 6 Sigma - Pull System Lean 6 Sigma - Pull System
Male Reproductive System - Ejaculatory ducts Male Reproductive System - Ejaculatory ducts
The system moves at 1.50 2 m/s while the inclined planes are rough. a) Determine the ... The system moves at 1.50 2 m/s while the inclined planes are rough. a) Determine the ...
Video: Carbon fixing adaptations Animation

For a complete list of videos, visit our video library