Author Question: Temporary tax cuts would cause A) the AA-curve to shift left. B) the AA-curve to shift right. ... (Read 77 times)

jessicacav

  • Hero Member
  • *****
  • Posts: 558
Temporary tax cuts would cause
 
  A) the AA-curve to shift left.
  B) the AA-curve to shift right.
  C) the DD-curve to shift left.
  D) the DD-curve to shift right.
  E) a shift in the AA-curve, although the direction is ambiguous.

Question 2

Argentina provides a recent example of a currency board success.
 
  Indicate whether the statement is true or false



kingfahad97

  • Sr. Member
  • ****
  • Posts: 308
Answer to Question 1

D

Answer to Question 2

FALSE
Explanation: The Argentinean currency board experiment was a failure, as the country could not maintain the peg and the Argentinean peso devalued to less than a third of its value in late 2001, early 2002



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

Though methadone is often used to treat dependency on other opioids, the drug itself can be abused. Crushing or snorting methadone can achieve the opiate "rush" desired by addicts. Improper use such as these can lead to a dangerous dependency on methadone. This drug now accounts for nearly one-third of opioid-related deaths.

Did you know?

About 100 new prescription or over-the-counter drugs come into the U.S. market every year.

Did you know?

The ratio of hydrogen atoms to oxygen in water (H2O) is 2:1.

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?

In 2006, a generic antinausea drug named ondansetron was approved. It is used to stop nausea and vomiting associated with surgery, chemotherapy, and radiation therapy.

For a complete list of videos, visit our video library