Author Question: Temporary tax cuts would cause A) the AA-curve to shift left. B) the AA-curve to shift right. ... (Read 79 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?

People often find it difficult to accept the idea that bacteria can be beneficial and improve health. Lactic acid bacteria are good, and when eaten, these bacteria improve health and increase longevity. These bacteria included in foods such as yogurt.

Did you know?

About 3% of all pregnant women will give birth to twins, which is an increase in rate of nearly 60% since the early 1980s.

Did you know?

When blood is exposed to air, it clots. Heparin allows the blood to come in direct contact with air without clotting.

Did you know?

In 2012, nearly 24 milliion Americans, aged 12 and older, had abused an illicit drug, according to the National Institute on Drug Abuse (NIDA).

Did you know?

Certain rare plants containing cyanide include apricot pits and a type of potato called cassava. Fortunately, only chronic or massive ingestion of any of these plants can lead to serious poisoning.

For a complete list of videos, visit our video library