This topic contains a solution. Click here to go to the answer

Author Question: Which of the following pairs of policies shift aggregate demand in the same direction? a. A tax ... (Read 87 times)

lunatika

  • Hero Member
  • *****
  • Posts: 548
Which of the following pairs of policies shift aggregate demand in the same direction?
 a. A tax increase and an increase in the money supply.
 b. A transfer payment decrease and an increase in the money supply.
 c. A reduction in government purchases and decline in the money supply.
  d. An increase in government purchases and a decline in the money supply.

Question 2

Which of the following is considered a determinant of long-run economic growth?
 a. Increase in the interest rates
  b. Changing expectations
  c. Increase in the money supply
  d. Growth in productive resources
  e. Reduction in government spending



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

yifu223

  • Sr. Member
  • ****
  • Posts: 302
Answer to Question 1

c

Answer to Question 2

d




yifu223

  • Sr. Member
  • ****
  • Posts: 302

 

Did you know?

In ancient Rome, many of the richer people in the population had lead-induced gout. The reason for this is unclear. Lead poisoning has also been linked to madness.

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.

Did you know?

On average, the stomach produces 2 L of hydrochloric acid per day.

Did you know?

The average person is easily confused by the terms pharmaceutics and pharmacology, thinking they are one and the same. Whereas pharmaceutics is the science of preparing and dispensing drugs (otherwise known as the science of pharmacy), pharmacology is the study of medications.

Did you know?

Although the Roman numeral for the number 4 has always been taught to have been "IV," according to historians, the ancient Romans probably used "IIII" most of the time. This is partially backed up by the fact that early grandfather clocks displayed IIII for the number 4 instead of IV. Early clockmakers apparently thought that the IIII balanced out the VIII (used for the number 8) on the clock face and that it just looked better.

For a complete list of videos, visit our video library