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Author Question: The balanced budget multiplier is equal to one. a. True b. False Indicate whether the statement ... (Read 118 times)

james

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on: Jun 30, 2018
The balanced budget multiplier is equal to one.
 a. True
  b. False
  Indicate whether the statement is true or false

Question 2

According to rational expectations theory, predictable expansionary monetary and fiscal policies to reduce the unemployment rate are:
 a. desirable because the result is to lower inflation.
  b. harmful because the only result is higher inflation.
  c. ineffective on the price level.
  d. None of these.


C.mcnichol98

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Reply #1 on: Jun 30, 2018
Answer to Question 1

True

Answer to Question 2

b


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james

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Reply #2 on: Jun 30, 2018
Thank you


C.mcnichol98

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Reply #3 on: Jun 30, 2018
No problemo


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