Author Question: If the federal budget has an actual budget surplus of 75 billion, but a cyclically adjusted budget ... (Read 289 times)

NguyenJ

  • Hero Member
  • *****
  • Posts: 516
If the federal budget has an actual budget surplus of 75 billion, but a cyclically adjusted budget surplus of 50 billion, then the economy must be above potential real GDP.
 
  Indicate whether the statement is true or false

Question 2

How does expansionary monetary policy affect net exports?
 
  A) Expansionary monetary policy reduces exports and increases imports.
  B) Expansionary monetary policy reduces exports and reduces imports.
  C) Expansionary monetary policy increases exports and reduces imports.
  D) Expansionary monetary policy increases exports and increases imports.



dreamfighter72

  • Sr. Member
  • ****
  • Posts: 355
Answer to Question 1

TRUE

Answer to Question 2

C



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

Always store hazardous household chemicals in their original containers out of reach of children. These include bleach, paint, strippers and products containing turpentine, garden chemicals, oven cleaners, fondue fuels, nail polish, and nail polish remover.

Did you know?

A strange skin disease referred to as Morgellons has occurred in the southern United States and in California. Symptoms include slowly healing sores, joint pain, persistent fatigue, and a sensation of things crawling through the skin. Another symptom is strange-looking, threadlike extrusions coming out of the skin.

Did you know?

Vampire bats have a natural anticoagulant in their saliva that permits continuous bleeding after they painlessly open a wound with their incisors. This capillary blood does not cause any significant blood loss to their victims.

Did you know?

The Centers for Disease Control and Prevention has released reports detailing the deaths of infants (younger than 1 year of age) who died after being given cold and cough medications. This underscores the importance of educating parents that children younger than 2 years of age should never be given over-the-counter cold and cough medications without consulting their physicians.

Did you know?

More than nineteen million Americans carry the factor V gene that causes blood clots, pulmonary embolism, and heart disease.

For a complete list of videos, visit our video library