Author Question: Expansionary fiscal policy A) can be effective in the short run. B) can be effective in the long ... (Read 98 times)

washai · **on:** Jun 29, 2018

Expansionary fiscal policy

A) can be effective in the short run. B) can be effective in the long run.
C) causes complete crowding out in the short run. D) is never effective because of crowding out.

Question 2

If the exchange rate changes from 2.00 = 1 to 2.01 = 1 then

A) the dollar has appreciated. B) the British pound has depreciated.
C) the dollar has depreciated. D) the British pound has stayed constant in value.