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

Author Question: A policy of a tax cut combined with increases in government purchases would shift the aggregate ... (Read 68 times)

Capo

  • Hero Member
  • *****
  • Posts: 545
A policy of a tax cut combined with increases in government purchases would shift the aggregate demand curve to the left.
 a. True
  b. False
  Indicate whether the statement is true or false

Question 2

Commercial banks act as middlemen between savers and borrowers, therefore they are called _____.
 a. lenders of the last resort
  b. financial intermediaries
  c. banker's banks
  d. thrift institutions
  e. profitable institutions



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

atrochim

  • Sr. Member
  • ****
  • Posts: 331
Answer to Question 1

False

Answer to Question 2

b




Capo

  • Member
  • Posts: 545
Reply 2 on: Jun 30, 2018
:D TYSM


cam1229

  • Member
  • Posts: 329
Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

 

Did you know?

Malaria was not eliminated in the United States until 1951. The term eliminated means that no new cases arise in a country for 3 years.

Did you know?

According to animal studies, the typical American diet is damaging to the liver and may result in allergies, low energy, digestive problems, and a lack of ability to detoxify harmful substances.

Did you know?

The B-complex vitamins and vitamin C are not stored in the body and must be replaced each day.

Did you know?

Barbituric acid, the base material of barbiturates, was first synthesized in 1863 by Adolph von Bayer. His company later went on to synthesize aspirin for the first time, and Bayer aspirin is still a popular brand today.

Did you know?

Approximately one in three babies in the United States is now delivered by cesarean section. The number of cesarean sections in the United States has risen 46% since 1996.

For a complete list of videos, visit our video library