« previous next »

Author Question: Which of the following is false? a. Expansionary fiscal policy will tend to cause net exports to ... (Read 55 times)

bcretired

  • Hero Member
  • *****
  • Posts: 525
on: Jun 30, 2018
Which of the following is false?
 a. Expansionary fiscal policy will tend to cause net exports to fall.
 b. The larger the crowding out effect, the smaller the actual effect of a given change in fiscal policy.
 c. The crowding out effect does not occur with a tax change.
 d. Starting from an initial recession equilibrium, expansionary fiscal policy could potentially increase employment to the full employment level.

Question 2

According to the equation of exchange, if the money supply is 800 million, real GDP is 3,000 million, and nominal GDP is 4,000 million, then the velocity of money is equal to:
 a. 3.5.
  b. 1.7.
  c. 10.3.
  d. 5.
  e. 2.


sarajane1989

  • Sr. Member
  • ****
  • Posts: 296
Reply #1 on: Jun 30, 2018
Answer to Question 1

c

Answer to Question 2

d


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

Calcitonin is a naturally occurring hormone. In women who are at least 5 years beyond menopause, it slows bone loss and increases spinal bone density.

Did you know?

In most cases, kidneys can recover from almost complete loss of function, such as in acute kidney (renal) failure.

Did you know?

More than 34,000 trademarked medication names and more than 10,000 generic medication names are in use in the United States.

Did you know?

The most dangerous mercury compound, dimethyl mercury, is so toxic that even a few microliters spilled on the skin can cause death. Mercury has been shown to accumulate in higher amounts in the following types of fish than other types: swordfish, shark, mackerel, tilefish, crab, and tuna.

Did you know?

About 80% of major fungal systemic infections are due to Candida albicans. Another form, Candida peritonitis, occurs most often in postoperative patients. A rare disease, Candida meningitis, may follow leukemia, kidney transplant, other immunosuppressed factors, or when suffering from Candida septicemia.

The Sun in false-color ultraviolet image The Sun in false-color ultraviolet image
environmental policy environmental policy
Primates in the New World tend to be small-bodied compared to those elsewhere. Primates in the New World tend to be small-bodied compared to those elsewhere.
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
Generally, the total tax burden in the United States is much lower than that of other industrialize Generally, the total tax burden in the United States is much lower than that of other industrialize
Environmental policy Environmental policy
Video: The Hypothalamus: The Body's Thermostat (Human Thermostat)

For a complete list of videos, visit our video library