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

Author Question: A fiscal rule which involves a ceiling to government borrowing as a percentage of GDP (Read 33 times)

pepyto

  • Hero Member
  • *****
  • Posts: 547
on: May 25, 2020

Question 1

If a government were using fiscal policy for stabilisation in a ________ it would ________.
◦ recession, raise taxes
◦ boom, decrease taxes
◦ boom, increase spending
◦ recession, increase spending

Question 2

A fiscal rule which involves a ceiling to government borrowing as a percentage of GDP
◦ prevents the use of discretionary fiscal policy at any time as long as the government abides by the rule.
◦ prohibits the of expansionary fiscal policy when the economy is already at the ceiling.
◦ prohibits the use of contractionary fiscal policy when the economy is already at the ceiling.
◦ both B and C
Essential Economics for Business ¦ Sloman, Jones ¦ 5th Edition
Buy Test-Bank


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by pepyto on May 25, 2020

fromAlphatoOmega22

  • Sr. Member
  • ****
  • Posts: 345
Reply #1 on: May 25, 2020
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 25% of students answer this correctly


pepyto

  • Member
  • Posts: 547
Reply 2 on: May 25, 2020
Gracias!

Kedrick2014

  • Member
  • Posts: 359
Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

« previous next »
 

Did you know?

Studies show that systolic blood pressure can be significantly lowered by taking statins. In fact, the higher the patient's baseline blood pressure, the greater the effect of statins on his or her blood pressure.

Did you know?

Critical care patients are twice as likely to receive the wrong medication. Of these errors, 20% are life-threatening, and 42% require additional life-sustaining treatments.

Did you know?

Blood is approximately twice as thick as water because of the cells and other components found in it.

Did you know?

ACTH levels are normally highest in the early morning (between 6 and 8 A.M.) and lowest in the evening (between 6 and 11 P.M.). Therefore, a doctor who suspects abnormal levels looks for low ACTH in the morning and high ACTH in the evening.

Did you know?

The modern decimal position system was the invention of the Hindus (around 800 AD), involving the placing of numerals to indicate their value (units, tens, hundreds, and so on).

Critical thinking involves analysis in which the nurse examines patient data available from a variet Critical thinking involves analysis in which the nurse examines patient data available from a variet
How to use L'Hospital's Rule to find the limit of a function (Part 2) How to use L'Hospital's Rule to find the limit of a function (Part 2)
Using the Power Rule for Derivatives Using the Power Rule for Derivatives
Percentage distribution of outcomes of teenaged pregnancy Percentage distribution of outcomes of teenaged pregnancy
Find the derivative by using the chain rule, question 2 Find the derivative by using the chain rule, question 2
Causes of Trauma Deaths by Approximate Percentage Causes of Trauma Deaths by Approximate Percentage
Video: A timeline of the teeth (Explained - No Audio)

For a complete list of videos, visit our video library