This topic contains a solution. Click here to go to the answer

Author Question: With discretionary policy making, fiscal and monetary policies are usually A) immune to any lag ... (Read 76 times)

Diane

  • Hero Member
  • *****
  • Posts: 576
With discretionary policy making, fiscal and monetary policies are usually
 
  A) immune to any lag times that might counter their effectiveness.
  B) immune to any political overtones.
  C) set according to pre-established standards that do not take into account any changes in the economy.
  D) undertaken in response to or anticipation of some change in the overall economy.

Question 2

The concept of an open economy means that
 
  A) a nation's borders are open to flows of imports and exports.
  B) exports should be controlled but imports should be allowed in without restriction.
  C) imports and exports should be restricted.
  D) imports should be limited while exports should be expanded.



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

CharlieArnold

  • Sr. Member
  • ****
  • Posts: 319
Answer to Question 1

D

Answer to Question 2

A





 

Did you know?

Vampire bats have a natural anticoagulant in their saliva that permits continuous bleeding after they painlessly open a wound with their incisors. This capillary blood does not cause any significant blood loss to their victims.

Did you know?

In 1886, William Bates reported on the discovery of a substance produced by the adrenal gland that turned out to be epinephrine (adrenaline). In 1904, this drug was first artificially synthesized by Friedrich Stolz.

Did you know?

The training of an anesthesiologist typically requires four years of college, 4 years of medical school, 1 year of internship, and 3 years of residency.

Did you know?

The term pharmacology is derived from the Greek words pharmakon("claim, medicine, poison, or remedy") and logos ("study").

Did you know?

The first monoclonal antibodies were made exclusively from mouse cells. Some are now fully human, which means they are likely to be safer and may be more effective than older monoclonal antibodies.

For a complete list of videos, visit our video library