Author Question: An equal increase in government purchases and taxes will cause A) an increase in real GDP. B) an ... (Read 101 times)

newbem

  • Hero Member
  • *****
  • Posts: 579
An equal increase in government purchases and taxes will cause
 
  A) an increase in real GDP.
  B) an increase in the budget surplus.
  C) no change in real GDP.
  D) a reduction in cyclically adjusted budget surplus.

Question 2

In October 2008, Congress passed the Troubled Asset Relief Program (TARP), under which the Treasury provided ________ to banks in exchange for ________.
 
  A) financial advice; promises to expand mortgage lending
  B) funds; stock
  C) bonds; cash
  D) lines of credit; loan guarantees



Jordin Calloway

  • Sr. Member
  • ****
  • Posts: 334
Answer to Question 1

A

Answer to Question 2

B



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question


 

Did you know?

No drugs are available to relieve parathyroid disease. Parathyroid disease is caused by a parathyroid tumor, and it needs to be removed by surgery.

Did you know?

You should not take more than 1,000 mg of vitamin E per day. Doses above this amount increase the risk of bleeding problems that can lead to a stroke.

Did you know?

On average, someone in the United States has a stroke about every 40 seconds. This is about 795,000 people per year.

Did you know?

Acetaminophen (Tylenol) in overdose can seriously damage the liver. It should never be taken by people who use alcohol heavily; it can result in severe liver damage and even a condition requiring a liver transplant.

Did you know?

Most strokes are caused when blood clots move to a blood vessel in the brain and block blood flow to that area. Thrombolytic therapy can be used to dissolve the clot quickly. If given within 3 hours of the first stroke symptoms, this therapy can help limit stroke damage and disability.

For a complete list of videos, visit our video library