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 64 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
Great answer, keep it coming :)

lindahyatt42

  • Member
  • Posts: 322
Reply 3 on: Yesterday
Wow, this really help

« previous next »
 

Did you know?

The people with the highest levels of LDL are Mexican American males and non-Hispanic black females.

Did you know?

Every 10 seconds, a person in the United States goes to the emergency room complaining of head pain. About 1.2 million visits are for acute migraine attacks.

Did you know?

Increased intake of vitamin D has been shown to reduce fractures up to 25% in older people.

Did you know?

The lipid bilayer is made of phospholipids. They are arranged in a double layer because one of their ends is attracted to water while the other is repelled by water.

Did you know?

Despite claims by manufacturers, the supplement known as Ginkgo biloba was shown in a study of more than 3,000 participants to be ineffective in reducing development of dementia and Alzheimer’s disease in older people.

Deformation in human bones caused by (a) rickets and (b) osteoporosis. Deformation in human bones caused by (a) rickets and (b) osteoporosis.
Damage to Field CA1 Caused by Anoxia Damage to Field CA1 Caused by Anoxia
Negative reading oxygen sensor voltage can be caused by several problems. Negative reading oxygen sensor voltage can be caused by several problems.
Sample budget spreadsheet form for first year of business. Sample budget spreadsheet form for first year of business.
Vaginal Discharge with Microorganisms Caused by Trichomoniasis Vaginal Discharge with Microorganisms Caused by Trichomoniasis
The human X chromosome (left) and the Y chromosome (right). This false-color scanning electron micro The human X chromosome (left) and the Y chromosome (right). This false-color scanning electron micro
Video: hGH, Thyroid hormones & Aldosterone

For a complete list of videos, visit our video library