« previous next »

Author Question: Suppose the economy is operating below potential output. If policy makers try to avoid a budget ... (Read 85 times)

javeds

  • Hero Member
  • *****
  • Posts: 570
on: Jun 30, 2018
Suppose the economy is operating below potential output. If policy makers try to avoid a budget deficit by raising taxes or reducing government spending, these actions would
 
  A) make a recession worse. B) increase inflation.
  C) negate the multiplier effect. D) help pull an economy out of a depression.

Question 2

The ________ determines the supply of money.
 
  A) Federal Reserve B) banking system C) President D) Congress
Macroeconomics: Principles, Applications and Tools ¦ O'Sullivan, Sheffrin, Perez ¦ 7th Edition
Buy Test-Bank


TDubDCFL

  • Sr. Member
  • ****
  • Posts: 357
Reply #1 on: Jun 30, 2018
Answer to Question 1

A

Answer to Question 2

A


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

Women are 50% to 75% more likely than men to experience an adverse drug reaction.

Did you know?

The human body produces and destroys 15 million blood cells every second.

Did you know?

Egg cells are about the size of a grain of sand. They are formed inside of a female's ovaries before she is even born.

Did you know?

Human neurons are so small that they require a microscope in order to be seen. However, some neurons can be up to 3 feet long, such as those that extend from the spinal cord to the toes.

Did you know?

Between 1999 and 2012, American adults with high total cholesterol decreased from 18.3% to 12.9%

Avoid working with your elbows lifted. Avoid working with your elbows lifted.
Latin America in the Global Economy Latin America in the Global Economy
Thoracic cage. Avoid heavy pressure over the sternum and xiphoid process; caution over rib cage. Thoracic cage. Avoid heavy pressure over the sternum and xiphoid process; caution over rib cage.
The popliteal area. Avoid heavy pressure over the back of the knee joint. The popliteal area. Avoid heavy pressure over the back of the knee joint.
Environmental policy Environmental policy
Action potential Action potential
Video: Homologous chromosomes during prophase I - Animation

For a complete list of videos, visit our video library