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

Author Question: If the government spending multiplier were 3.5, a $2 billion decrease in government spending would ... (Read 348 times)

robinn137

  • Hero Member
  • *****
  • Posts: 544
on: Apr 19, 2019

Question 1

The time it takes for a new economic policy to affect behavior in the economy is


◦ a recognition lag.
◦ an implementation lag.
◦ a response lag.
◦ None of these

Question 2

If the government spending multiplier were 3.5, a $2 billion decrease in government spending would lower GDP by


◦ $70 billion after one year.
◦ $2 billion after two years.
◦ $1.5 billion after one year.
◦ $7 billion after one year.
Principles of Economics ¦ Case, Fair, Oster ¦ 12th Edition
Buy Test-Bank


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by robinn137 on Apr 19, 2019

Pariscourtney

  • Sr. Member
  • ****
  • Posts: 352
Reply #1 on: Apr 19, 2019
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
Answer Preview
Only 56% of students answer this correctly


robinn137

  • Member
  • Posts: 544
Reply 2 on: Apr 19, 2019
Great answer, keep it coming :)

ktidd

  • Member
  • Posts: 319
Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

« previous next »
 

Did you know?

The term bacteria was devised in the 19th century by German biologist Ferdinand Cohn. He based it on the Greek word "bakterion" meaning a small rod or staff. Cohn is considered to be the father of modern bacteriology.

Did you know?

To combat osteoporosis, changes in lifestyle and diet are recommended. At-risk patients should include 1,200 to 1,500 mg of calcium daily either via dietary means or with supplements.

Did you know?

Warfarin was developed as a consequence of the study of a strange bleeding disorder that suddenly occurred in cattle on the northern prairies of the United States in the early 1900s.

Did you know?

The most common treatment options for addiction include psychotherapy, support groups, and individual counseling.

Did you know?

In 2006, a generic antinausea drug named ondansetron was approved. It is used to stop nausea and vomiting associated with surgery, chemotherapy, and radiation therapy.

Water potentials decrease (become more negative) as one moves from soil to plant to atmosphere Water potentials decrease (become more negative) as one moves from soil to plant to atmosphere
Part of the Hubble Ultra-Deep Field image showing a typical section of space containing galaxies int Part of the Hubble Ultra-Deep Field image showing a typical section of space containing galaxies int
Earth’s history spans 4.5 billion years. Geologists and paleontologists have pieced together the his Earth’s history spans 4.5 billion years. Geologists and paleontologists have pieced together the his
Humans have 23 pairs of chromosomes, containing 3 billion “letters” in the DNA code and about ... Humans have 23 pairs of chromosomes, containing 3 billion “letters” in the DNA code and about ...
Government By the People, 2016 Presidential Election, 26th Edition Government By the People, 2016 Presidential Election, 26th Edition
Increase in total spending in presidential campaigns, 1976-2020 Increase in total spending in presidential campaigns, 1976-2020
Video: Condensation and Hydrolysis Animation

For a complete list of videos, visit our video library