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Author Question: The following is likely to occur after a ________ shock: [ AD Y T deficit G AD Y]. (Read 54 times)

Kikoku

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on: Apr 19, 2019

Question 1

From 2007 to 2009, the federal deficit as a percentage of GDP rose from about 2 percent to about 9 percent. This indicates that by 2009


◦ all of the deficit was cyclical.
◦ most of the deficit was cyclical.
◦ all of the deficit was structural.
◦ most of the deficit was structural.

Question 2

The following is likely to occur after a ________ shock: [
AD↑ ⇒ 
Y↑ ⇒ 
T↑ ⇒ deficit↓ ⇒ 
G↑ ⇒ 
AD↑ ⇒ 
Y↑].


◦ positive aggregate demand
◦ positive aggregate supply
◦ negative aggregate demand
◦ negative aggregate supply
Principles of Economics ¦ Case, Fair, Oster ¦ 12th Edition
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Marked as best answer by Kikoku on Apr 19, 2019

Anton

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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.
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Kikoku

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Reply #2 on: Apr 19, 2019
Thanks


Anton

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Reply #3 on: Apr 19, 2019
Welcome :)


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