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

Author Question: Which of the following statements about crowding out is false? a. It is not caused by a budget ... (Read 69 times)

bcretired

  • Hero Member
  • *****
  • Posts: 525
on: Jun 30, 2018
Which of the following statements about crowding out is false?
 a. It is not caused by a budget surplus.
  b. It is caused by a budget deficit.
  c. It can completely offset the multiplier.
  d. It affects interest rates and not economic growth.

Question 2

Suppose a U.S.-made machine costs 500 and the exchange rate is 100 yen = 1 . A Japanese citizen purchasing this machine would pay:
 a. 100 yen.
  b. 500 yen.
  c. 5,000 yen.
  d. 10,000 yen.
  e. 50,000 yen.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

maaaaaaaaaa

  • Sr. Member
  • ****
  • Posts: 336
Reply #1 on: Jun 30, 2018
Answer to Question 1

d

Answer to Question 2

e


bcretired

  • Member
  • Posts: 525
Reply 2 on: Jun 30, 2018
YES! Correct, THANKS for helping me on my review

juliaf

  • Member
  • Posts: 344
Reply 3 on: Yesterday
Wow, this really help

« previous next »
 

Did you know?

Methicillin-resistant Staphylococcus aureus or MRSA was discovered in 1961 in the United Kingdom. It if often referred to as a superbug. MRSA infections cause more deaths in the United States every year than AIDS.

Methicilli ...
Did you know?

Women are two-thirds more likely than men to develop irritable bowel syndrome. This may be attributable to hormonal changes related to their menstrual cycles.

Did you know?

Eating carrots will improve your eyesight. Carrots are high in vitamin A (retinol), which is essential for good vision. It can also be found in milk, cheese, egg yolks, and liver.

Did you know?

Famous people who died from poisoning or drug overdose include, Adolf Hitler, Socrates, Juan Ponce de Leon, Marilyn Monroe, Judy Garland, and John Belushi.

Did you know?

Patients who have been on total parenteral nutrition for more than a few days may need to have foods gradually reintroduced to give the digestive tract time to start working again.

External and cross-sectional view of an infarct caused by a myocardial infarction. External and cross-sectional view of an infarct caused by a myocardial infarction.
Which of the following statements is true of linkage? Which of the following statements is true of linkage?
Abnormalities Caused by Cardiac Pathology Abnormalities Caused by Cardiac Pathology
Abnormalities Caused by Cardiac Pathology Abnormalities Caused by Cardiac Pathology
Chronic disease is caused by a mixture of genetic and environmental influences Chronic disease is caused by a mixture of genetic and environmental influences
Acromegaly caused by a tumor on his pituitary gland Acromegaly caused by a tumor on his pituitary gland
Video: Type of Cell Junctions - Desmosome, Hemidesmosomes and Gap Junctions

For a complete list of videos, visit our video library