« 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 112 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?

Sperm cells are so tiny that 400 to 500 million (400,000,000–500,000,000) of them fit onto 1 tsp.

Did you know?

Symptoms of kidney problems include a loss of appetite, back pain (which may be sudden and intense), chills, abdominal pain, fluid retention, nausea, the urge to urinate, vomiting, and fever.

Did you know?

For about 100 years, scientists thought that peptic ulcers were caused by stress, spicy food, and alcohol. Later, researchers added stomach acid to the list of causes and began treating ulcers with antacids. Now it is known that peptic ulcers are predominantly caused by Helicobacter pylori, a spiral-shaped bacterium that normally exist in the stomach.

Did you know?

Certain rare plants containing cyanide include apricot pits and a type of potato called cassava. Fortunately, only chronic or massive ingestion of any of these plants can lead to serious poisoning.

Did you know?

The horizontal fraction bar was introduced by the Arabs.

Critical Thinking Model Critical Thinking Model
Ethical Decision-Making Model Cont Ethical Decision-Making Model Cont
Type of Interactions, Model, Examples and Dependence of Energy on Distance Type of Interactions, Model, Examples and Dependence of Energy on Distance
A model of the 70 ribosome, with mRNA and tRNA bound A model of the 70 ribosome, with mRNA and tRNA bound
Demographic transition model for changes in population growth rates and sizes, correlated with long- Demographic transition model for changes in population growth rates and sizes, correlated with long-
Figure 2.15.jpg Figure 2.15.jpg
Video: Bacteriophage (Virus) - Mice Experiment

For a complete list of videos, visit our video library