[Answered] According to the Keynesian model, the government can increase spending or cut taxes to close a ...

This topic contains a solution. Click here to go to the answer

Author Question: According to the Keynesian model, the government can increase spending or cut taxes to close a ... (Read 147 times)

folubunmi

Hero Member
Posts: 524

on: Jun 30, 2018

According to the Keynesian model, the government can increase spending or cut taxes to close a recessionary gap.
a. True
b. False
Indicate whether the statement is true or false

Question 2

In a commercial bank's T-account, reserves and outstanding loans are recorded as:
a. debts.
b. profits.
c. assets.
d. liabilities.

Need homework help now?

Ask unlimited questions for free

Ask a Question

Marked as best answer by a Subject Expert

frankwu0507

Sr. Member
Posts: 322

Reply #1 on: Jun 30, 2018

Answer to Question 1

True

Answer to Question 2

c

folubunmi

Member
Posts: 524

Reply 2 on: Jun 30, 2018

Gracias!

cam1229

Member
Posts: 329

Reply 3 on: Yesterday

Wow, this really help

« previous next »

Did you know?

Eating food that has been cooked with poppy seeds may cause you to fail a drug screening test, because the seeds contain enough opiate alkaloids to register as a positive.

Did you know?

Fewer than 10% of babies are born on their exact due dates, 50% are born within 1 week of the due date, and 90% are born within 2 weeks of the date.

Did you know?

It is widely believed that giving a daily oral dose of aspirin to heart attack patients improves their chances of survival because the aspirin blocks the formation of new blood clots.

Did you know?

Medications that are definitely not safe to take when breastfeeding include radioactive drugs, antimetabolites, some cancer (chemotherapy) agents, bromocriptine, ergotamine, methotrexate, and cyclosporine.

Did you know?

Hyperthyroidism leads to an increased rate of metabolism and affects about 1% of women but only 0.1% of men. For most people, this increased metabolic rate causes the thyroid gland to become enlarged (known as a goiter).