« previous next »

Author Question: Refer to the above figure. Suppose the U.S. economy is currently operating at point C. Which of the ... (Read 66 times)

armygirl

  • Hero Member
  • *****
  • Posts: 556
on: Jun 30, 2018
Refer to the above figure. Suppose the U.S. economy is currently operating at point C. Which of the following actions would you recommend to the president of the United States?
 
  A) Engage in contractionary fiscal policy by reducing government spending.
  B) Reduce taxes to stimulate investment, consumption and net exports.
  C) Increase government spending while holding taxes constant.
  D) Reduce the interest rate to stimulate investment minimizing the crowding out effect.

Question 2

Which of the following factors will NOT cause a shift in the demand for a good?
 
  A) A change in consumer incomes B) A change in the market price of the good
  C) A change in the number of consumers D) A change in tastes and preferences
Macroeconomics ¦ Acemoglu, Laibson, List ¦ 3rd Edition
Buy Test-Bank


voltaire123

  • Sr. Member
  • ****
  • Posts: 301
Reply #1 on: Jun 30, 2018
Answer to Question 1

A

Answer to Question 2

B


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

Coca-Cola originally used coca leaves and caffeine from the African kola nut. It was advertised as a therapeutic agent and "pickerupper." Eventually, its formulation was changed, and the coca leaves were removed because of the effects of regulation on cocaine-related products.

Did you know?

After 5 years of being diagnosed with rheumatoid arthritis, one every three patients will no longer be able to work.

Did you know?

As many as 28% of hospitalized patients requiring mechanical ventilators to help them breathe (for more than 48 hours) will develop ventilator-associated pneumonia. Current therapy involves intravenous antibiotics, but new antibiotics that can be inhaled (and more directly treat the infection) are being developed.

Did you know?

On average, someone in the United States has a stroke about every 40 seconds. This is about 795,000 people per year.

Did you know?

Certain chemicals, after ingestion, can be converted by the body into cyanide. Most of these chemicals have been removed from the market, but some old nail polish remover, solvents, and plastics manufacturing solutions can contain these substances.

(A) The nine regions of the abdominopelvic cavity. (B) The four regions of the abdomen, which are re (A) The nine regions of the abdominopelvic cavity. (B) The four regions of the abdomen, which are re
Torque is a twisting force equal to the distance from the pivot point times the force applied ... Torque is a twisting force equal to the distance from the pivot point times the force applied ...
A Receiver-Operating-Characteristic (ROC) Curve A Receiver-Operating-Characteristic (ROC) Curve
Four 2.0-µC point are at the corners of a rectangle with sides of length 3.0 cm and 4.0 cm. ... Four 2.0-µC point are at the corners of a rectangle with sides of length 3.0 cm and 4.0 cm. ...
What is the freezing point of a solution of 2.86 g MgCl2 in 100 g of water? Kf for water is ... What is the freezing point of a solution of 2.86 g MgCl2 in 100 g of water? Kf for water is ...
Relationship Between the Atlas and the Axis. The Dens of the Axis Provides a Pivotal Point Around Wh Relationship Between the Atlas and the Axis. The Dens of the Axis Provides a Pivotal Point Around Wh
Video: Labor and Childbirth - The Three Stages of Labor: Dilation, Expulsion & Placental مراحل الولادة

For a complete list of videos, visit our video library