« previous next »

Author Question: Refer to Figure 16-5. In the dynamic model of AD-AS in the figure above, if the economy is at point ... (Read 90 times)

cmoore54

  • Hero Member
  • *****
  • Posts: 568
on: Jun 29, 2018
Refer to Figure 16-5. In the dynamic model of AD-AS in the figure above, if the economy is at point A in year 1 and is expected to go to point B in year 2, Congress and the president would most likely pursue
 
  A) expansionary fiscal policy.
  B) expansionary monetary policy.
  C) contractionary fiscal policy.
  D) contractionary automatic stabilizers.
  E) contractionary monetary policy.

Question 2

What does the phrase post hoc, ergo propter hoc mean?
 
  What will be an ideal response?


ryhom

  • Sr. Member
  • ****
  • Posts: 366
Reply #1 on: Jun 29, 2018
Answer to Question 1

A

Answer to Question 2

Literally it means, after this (in time),therefore because of this. It is common error made in thinking about causation: If Event A happens before Event B, it is not necessarily true that A caused B.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

The Food and Drug Administration has approved Risperdal, an adult antipsychotic drug, for the symptomatic treatment of irritability in children and adolescents with autism. The approval is the first for the use of a drug to treat behaviors associated with autism in children. These behaviors are included under the general heading of irritability and include aggression, deliberate self-injury, and temper tantrums.

Did you know?

Cancer has been around as long as humankind, but only in the second half of the twentieth century did the number of cancer cases explode.

Did you know?

According to the Migraine Research Foundation, migraines are the third most prevalent illness in the world. Women are most affected (18%), followed by children of both sexes (10%), and men (6%).

Did you know?

Asthma-like symptoms were first recorded about 3,500 years ago in Egypt. The first manuscript specifically written about asthma was in the year 1190, describing a condition characterized by sudden breathlessness. The treatments listed in this manuscript include chicken soup, herbs, and sexual abstinence.

Did you know?

There used to be a metric calendar, as well as metric clocks. The metric calendar, or "French Republican Calendar" divided the year into 12 months, but each month was divided into three 10-day weeks. Each day had 10 decimal hours. Each hour had 100 decimal minutes. Due to lack of popularity, the metric clocks and calendars were ended in 1795, three years after they had been first marketed.

front muscle figure front muscle figure
Masters and Johnson’s Four-Phase Model of the Sexual Response Cycle Masters and Johnson’s Four-Phase Model of the Sexual Response Cycle
Wright's Modification of Marx's Model Of The Social Classes Wright's Modification of Marx's Model Of The Social Classes
Three pathways of complement combined. (a) Figure shows a summary of how each pathway proceeds. (b) ... Three pathways of complement combined. (a) Figure shows a summary of how each pathway proceeds. (b) ...
A two-compartment model of pharmacokinetics. A two-compartment model of pharmacokinetics.
Three-Box Model Three-Box Model
Video: Introduction to Breast Cancer

For a complete list of videos, visit our video library