This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: During a recession: a. Government spending automatically falls and taxes automatically rise. b. ... (Read 163 times)

tth

  • Hero Member
  • *****
  • Posts: 579
on: Jun 30, 2018
During a recession:
 a. Government spending automatically falls and taxes automatically rise.
  b. Government spending and taxes automatically fall.
  c. Government spending and taxes do not tend to change.
  d. Government spending rises automatically and taxes fall automatically.
  e. None of the above.

Question 2

If a nation has flexible exchange rates and its current and capital accounts equal zero, then the:
 a. Financial account must be positive
  b. Financial account can be positive or negative depending on the size of the budget deficit and exchange rate.
  c. Reserves account can be positive or negative depending on the size of the budget deficit and exchange rate.
  d. Financial account minus the reserves account must equal zero.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

lin77x

  • Sr. Member
  • ****
  • Posts: 326
Reply #1 on: Jun 30, 2018
Answer to Question 1

.D

Answer to Question 2

.D


tth

  • Member
  • Posts: 579
Reply 2 on: Jun 30, 2018
YES! Correct, THANKS for helping me on my review

ryansturges

  • Member
  • Posts: 338
Reply 3 on: Yesterday
Great answer, keep it coming :)

« previous next »
 

Did you know?

Looking at the sun may not only cause headache and distort your vision temporarily, but it can also cause permanent eye damage. Any exposure to sunlight adds to the cumulative effects of ultraviolet (UV) radiation on your eyes. UV exposure has been linked to eye disorders such as macular degeneration, solar retinitis, and corneal dystrophies.

Did you know?

Drying your hands with a paper towel will reduce the bacterial count on your hands by 45–60%.

Did you know?

Alzheimer's disease affects only about 10% of people older than 65 years of age. Most forms of decreased mental function and dementia are caused by disuse (letting the mind get lazy).

Did you know?

The longest a person has survived after a heart transplant is 24 years.

Did you know?

The National Institutes of Health have supported research into acupuncture. This has shown that acupuncture significantly reduced pain associated with osteoarthritis of the knee, when used as a complement to conventional therapies.

This modified model of Easton’s systems theory puts government decision makers as the source of pol This modified model of Easton’s systems theory puts government decision makers as the source of pol
In 2013, Americans learned that the federal government massively surveys their phone calls and e-mai In 2013, Americans learned that the federal government massively surveys their phone calls and e-mai
The world attempted to deal with Somalia as if it were a real country but painfully learned that Som The world attempted to deal with Somalia as if it were a real country but painfully learned that Som
A rise in global temperature of more than 3˚C A rise in global temperature of more than 3˚C
Rising sea level: Some areas will be affected by a rise of just 40 cm Rising sea level: Some areas will be affected by a rise of just 40 cm
Areas of the United States, Mexico, and Cuba will be affected by a rise of just 100 cm Areas of the United States, Mexico, and Cuba will be affected by a rise of just 100 cm
Video: Methods of carbon dioxide transport - carbaminohemoglobin and bicarbonate ions

For a complete list of videos, visit our video library