Author Question: In trying to fix the U.S. economic system after the Great Recession, which of the following measures ... (Read 74 times)

BRWH

  • Hero Member
  • *****
  • Posts: 553
In trying to fix the U.S. economic system after the Great Recession, which of the following measures was not pursued by the U.S. government:
 a. Lowing personal income taxes
  b. Increasing government spending
  c. Increasing the U.S. monetary base.
  d. All of the above were pursued by the U.S. government.

Question 2

If the price of inputs rises and personal income taxes rise:
 a. Price index falls, and real GDP rises.
  b. Price index falls, and real GDP falls.
  c. Price index falls, and the change in real GDP is uncertain.
  d. The change in price index is uncertain, and real GDP rises.
  e. The change in price index is uncertain, and real GDP falls.



shoemake

  • Sr. Member
  • ****
  • Posts: 343
Answer to Question 1

.D

Answer to Question 2

.E



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

In the United States, an estimated 50 million unnecessary antibiotics are prescribed for viral respiratory infections.

Did you know?

Cancer has been around as long as humankind, but only in the second half of the twentieth century did the number of cancer cases explode.

Did you know?

Ether was used widely for surgeries but became less popular because of its flammability and its tendency to cause vomiting. In England, it was quickly replaced by chloroform, but this agent caused many deaths and lost popularity.

Did you know?

Malaria mortality rates are falling. Increased malaria prevention and control measures have greatly improved these rates. Since 2000, malaria mortality rates have fallen globally by 60% among all age groups, and by 65% among children under age 5.

Did you know?

People with alcoholism are at a much greater risk of malnutrition than are other people and usually exhibit low levels of most vitamins (especially folic acid). This is because alcohol often takes the place of 50% of their daily intake of calories, with little nutritional value contained in it.

For a complete list of videos, visit our video library