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

Author Question: The business cycle is the periodic but recurrent fluctuations in real GDP. a. True b. False ... (Read 81 times)

futuristic

  • Hero Member
  • *****
  • Posts: 638
on: Jun 30, 2018
The business cycle is the periodic but recurrent fluctuations in real GDP.
 a. True
  b. False
  Indicate whether the statement is true or false

Question 2

Suppose inflation is a threat because the current aggregate demand curve will increase by 600 billion at any price level. If the marginal propensity to consume is 0.75, federal policymakers can follow Keynesian economics and restrain inflation by:
 a. decreasing tax revenues by 600 billion.
  b. decreasing government spending by 200 billion.
  c. increasing tax revenues by 200 billion.
  d. increasing government purchases by 150 billion.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

JCABRERA33

  • Sr. Member
  • ****
  • Posts: 344
Reply #1 on: Jun 30, 2018
Answer to Question 1

True

Answer to Question 2

c


futuristic

  • Member
  • Posts: 638
Reply 2 on: Jun 30, 2018
Thanks for the timely response, appreciate it

bigsis44

  • Member
  • Posts: 317
Reply 3 on: Yesterday
Wow, this really help

« previous next »
 

Did you know?

Limit intake of red meat and dairy products made with whole milk. Choose skim milk, low-fat or fat-free dairy products. Limit fried food. Use healthy oils when cooking.

Did you know?

There can actually be a 25-hour time difference between certain locations in the world. The International Date Line passes between the islands of Samoa and American Samoa. It is not a straight line, but "zig-zags" around various island chains. Therefore, Samoa and nearby islands have one date, while American Samoa and nearby islands are one day behind. Daylight saving time is used in some islands, but not in others—further shifting the hours out of sync with natural time.

Did you know?

Children with strabismus (crossed eyes) can be treated. They are not able to outgrow this condition on their own, but with help, it can be more easily corrected at a younger age. It is important for infants to have eye examinations as early as possible in their development and then another at age 2 years.

Did you know?

More than 150,000 Americans killed by cardiovascular disease are younger than the age of 65 years.

Did you know?

Street names for barbiturates include reds, red devils, yellow jackets, blue heavens, Christmas trees, and rainbows. They are commonly referred to as downers.

Zygotic life cycle, illustrated by the unicellular flagellate genus Chlamydomonas Zygotic life cycle, illustrated by the unicellular flagellate genus Chlamydomonas
Periodic Table Periodic Table
Antineoplastic agents and the cell cycle Antineoplastic agents and the cell cycle
Cardiac cycle Cardiac cycle
The recent mass upheavals in Tunisia, Egypt, Libya, Yemen, and Syria gave political scientists a cha The recent mass upheavals in Tunisia, Egypt, Libya, Yemen, and Syria gave political scientists a cha
The world attempted to deal with Somalia as if it were a real country but painfully learned that Som The world attempted to deal with Somalia as if it were a real country but painfully learned that Som
Video: Dissociative Disorders (Part 3)

For a complete list of videos, visit our video library