« previous next »

Author Question: Which of the following is not consistent with a self-correcting economy? a. Falling wages that ... (Read 120 times)

gonzo233

  • Hero Member
  • *****
  • Posts: 557
on: Jun 30, 2018
Which of the following is not consistent with a self-correcting economy?
 a. Falling wages that correct a recessionary gap
 b. Falling prices that correct a recessionary gap
 c. Rising prices that correct an expansionary gap
 d. Tendency of the short-run aggregate supply to shift until it intersects aggregate demand at potential GDP
  e. An active approach to a recession or depression

Question 2

In the event of a recession, which of the following is the most likely policy stance of those who advocate a passive approach to economic policy?
 a. Cutting taxes
 b. Increasing government spending
  c. Reducing interest rates
 d. Increasing the money supply
 e. Doing nothing


ankilker

  • Sr. Member
  • ****
  • Posts: 328
Reply #1 on: Jun 30, 2018
Answer to Question 1

e

Answer to Question 2

e


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

Amoebae are the simplest type of protozoans, and are characterized by a feeding and dividing trophozoite stage that moves by temporary extensions called pseudopodia or false feet.

Did you know?

This year, an estimated 1.4 million Americans will have a new or recurrent heart attack.

Did you know?

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

Did you know?

In the United States, congenital cytomegalovirus causes one child to become disabled almost every hour. CMV is the leading preventable viral cause of development disability in newborns. These disabilities include hearing or vision loss, and cerebral palsy.

Did you know?

Human neurons are so small that they require a microscope in order to be seen. However, some neurons can be up to 3 feet long, such as those that extend from the spinal cord to the toes.

This chart illustrates the four quadrants in which we can place the relationships between the state This chart illustrates the four quadrants in which we can place the relationships between the state
Many diesel fuel additives increase the cetane rating which results in improved fuel economy. Many diesel fuel additives increase the cetane rating which results in improved fuel economy.
Latin America in the Global Economy Latin America in the Global Economy
Effect of Education on Wages Effect of Education on Wages
Share of Human Capital in Wages in Advanced Countries Share of Human Capital in Wages in Advanced Countries
Holly Humberstone - Falling Asleep At The Wheel (Lyrics) Holly Humberstone - Falling Asleep At The Wheel (Lyrics)
Video: Chemical Buffers - protein buffer, phosphate buffer system and bicarbonate buffer system

For a complete list of videos, visit our video library