This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: In Japan, interest rates are close to zero. As a result, Keynesians would argue that money demand ... (Read 13 times)

sammy

  • Hero Member
  • *****
  • Posts: 818
on: Jun 30, 2018
In Japan, interest rates are close to zero. As a result, Keynesians would argue that money demand
 
  a. has become much more interest rate elastic.
  b. will shift upward.
  c. has become much less interest rate elastic.
  d. will shift downward.
  e. will remain unchanged.

Question 2

Assume that the actual deficit is 150 billion with the economy well below potential output and that the level of economic activity rose to its potential level while tax revenues increased by 50 billion and transfer payments fell by 20 billion.
 
  Then, what is the structural deficit? a. 180 billion
  b. 120 billion
  c. 220 billion
  d. 80 billion
  e. 100 billion


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

bobsmith

  • Sr. Member
  • ****
  • Posts: 316
Reply #1 on: Jun 30, 2018
Answer to Question 1

A

Answer to Question 2

D


sammy

  • Member
  • Posts: 818
Reply 2 on: Jun 30, 2018
Wow, this really help

anyusername12131

  • Member
  • Posts: 327
Reply 3 on: Yesterday
:D TYSM

« previous next »
 

Did you know?

As many as 28% of hospitalized patients requiring mechanical ventilators to help them breathe (for more than 48 hours) will develop ventilator-associated pneumonia. Current therapy involves intravenous antibiotics, but new antibiotics that can be inhaled (and more directly treat the infection) are being developed.

Did you know?

Though the United States has largely rejected the metric system, it is used for currency, as in 100 pennies = 1 dollar. Previously, the British currency system was used, with measurements such as 12 pence to the shilling, and 20 shillings to the pound.

Did you know?

Illicit drug use costs the United States approximately $181 billion every year.

Did you know?

If all the neurons in the human body were lined up, they would stretch more than 600 miles.

Did you know?

Looking at the sun may not only cause headache and distort your vision temporarily, but it can also cause permanent eye damage. Any exposure to sunlight adds to the cumulative effects of ultraviolet (UV) radiation on your eyes. UV exposure has been linked to eye disorders such as macular degeneration, solar retinitis, and corneal dystrophies.

clouded leopard (Neofelis nebulosa) - Up close clouded leopard (Neofelis nebulosa) - Up close
Chlamydia Rates in Women Chlamydia Rates in Women
Effect of increasing temperature or lowering deltGo+ on the rates of reactions Effect of increasing temperature or lowering deltGo+ on the rates of reactions
Women status and the population growth rates Women status and the population growth rates
Find the factor demand for labour and the amount of output it will produce. Show all ... Find the factor demand for labour and the amount of output it will produce. Show all ...
A non-interest-bearing five-year note for $54600.00 issued May 1, 2015, is discounted April 1, ... A non-interest-bearing five-year note for $54600.00 issued May 1, 2015, is discounted April 1, ...
Video: Primary Active Transport - electrochemical gradient and ion transport / water movement

For a complete list of videos, visit our video library