Author Question: All of the following make the use of fiscal policy less attractive EXCEPT A) that it cannot be ... (Read 64 times)

madam-professor

  • Hero Member
  • *****
  • Posts: 584
All of the following make the use of fiscal policy less attractive EXCEPT
 
  A) that it cannot be effective unless it is accommodated with expansionary monetary policy.
  B) the substantial margin of error in the value of the multiplier.
  C) the legislative lag, which is the time it takes for Congress and the President to pass and implement the measure.
  D) the crowding out effect, which is the decrease in private spending that occurs due to increased government spending.

Question 2

If two countries agree to specialize and trade based on comparative advantage, which of the following is most likely to be true?
 
  A) Both of the countries will consume outside their respective production possibilities curves.
  B) One of the countries will end up receiving all of the gains from trade.
  C) One of the countries will both consume and produce on its production possibilities curve.
  D) Only one of the countries will produce on and consume outside its production possibilities curve.


srodz

  • Sr. Member
  • ****
  • Posts: 333
Answer to Question 1

A

Answer to Question 2

A



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

The cure for trichomoniasis is easy as long as the patient does not drink alcoholic beverages for 24 hours. Just a single dose of medication is needed to rid the body of the disease. However, without proper precautions, an individual may contract the disease repeatedly. In fact, most people develop trichomoniasis again within three months of their last treatment.

Did you know?

The tallest man ever known was Robert Wadlow, an American, who reached the height of 8 feet 11 inches. He died at age 26 years from an infection caused by the immense weight of his body (491 pounds) and the stress on his leg bones and muscles.

Did you know?

According to the National Institute of Environmental Health Sciences, lung disease is the third leading killer in the United States, responsible for one in seven deaths. It is the leading cause of death among infants under the age of one year.

Did you know?

Individuals are never “cured” of addictions. Instead, they learn how to manage their disease to lead healthy, balanced lives.

Did you know?

It is difficult to obtain enough calcium without consuming milk or other dairy foods.

For a complete list of videos, visit our video library