« previous next »

Author Question: Suppose the actual budget deficit increases when the economy falls into a recession. This is an ... (Read 29 times)

codyclark

  • Hero Member
  • *****
  • Posts: 538
on: Jun 30, 2018
Suppose the actual budget deficit increases when the economy falls into a recession. This is an indication that
 
  A) monetary policy was used during the recession.
  B) monetary policy was not used during the recession.
  C) fiscal policy was used during the recession.
  D) fiscal policy was not used during the recession.

Question 2

The model of expectations in which the current level of inflation depends on past levels is referred to as:
 
  A) realized real expectations. B) adaptive expectations.
  C) rational expectations. D) composite expectations.
Macroeconomics: Principles, Applications and Tools ¦ O'Sullivan, Sheffrin, Perez ¦ 7th Edition
Buy Test-Bank


trampas

  • Sr. Member
  • ****
  • Posts: 320
Reply #1 on: Jun 30, 2018
Answer to Question 1

C

Answer to Question 2

B


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question

codyclark

  • Hero Member
  • *****
  • Posts: 538
Reply #2 on: Jun 30, 2018
Correct answers!


trampas

  • Sr. Member
  • ****
  • Posts: 320
Reply #3 on: Jun 30, 2018
Great! Please up vote :D


« previous next »
 

Did you know?

Chronic necrotizing aspergillosis has a slowly progressive process that, unlike invasive aspergillosis, does not spread to other organ systems or the blood vessels. It most often affects middle-aged and elderly individuals, spreading to surrounding tissue in the lungs. The disease often does not respond to conventionally successful treatments, and requires individualized therapies in order to keep it from becoming life-threatening.

Did you know?

More than 34,000 trademarked medication names and more than 10,000 generic medication names are in use in the United States.

Did you know?

In ancient Rome, many of the richer people in the population had lead-induced gout. The reason for this is unclear. Lead poisoning has also been linked to madness.

Did you know?

Critical care patients are twice as likely to receive the wrong medication. Of these errors, 20% are life-threatening, and 42% require additional life-sustaining treatments.

Did you know?

Methicillin-resistant Staphylococcus aureus or MRSA was discovered in 1961 in the United Kingdom. It if often referred to as a superbug. MRSA infections cause more deaths in the United States every year than AIDS.

Methicilli ...
A drug’s bioavailability will depend on the dosage form and how much will actual A drug’s bioavailability will depend on the dosage form and how much will actual
Geese continued to follow a human around assuming their actual mothers Geese continued to follow a human around assuming their actual mothers
Consider a two-period economy with no investment opportunities: first and second period output ... Consider a two-period economy with no investment opportunities: first and second period output ...
Consider the production function ( ) 0.5 0.5 Y = AK L . Suppose both saving rate (s) and the ... Consider the production function ( ) 0.5 0.5 Y = AK L . Suppose both saving rate (s) and the ...
Suppose a country imports televisions. The country's supply and demand curves are shown in ... Suppose a country imports televisions. The country's supply and demand curves are shown in ...
Sol Duc Falls in Olympic National Park, Washington. Sol Duc Falls in Olympic National Park, Washington.
Video: Phases of the Female Reproductive Cycle - Hormonal regulation

For a complete list of videos, visit our video library