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

Author Question: Assume individuals consider only the long run effects of changes in future macro variables when ... (Read 120 times)

penza

  • Hero Member
  • *****
  • Posts: 1,022
Assume individuals consider only the long run effects of changes in future macro variables when forming expectations of future output and future interest rates. Suppose current government spending increases and that individuals expect future government spending to increase. Given this information, we know with certainty that
 
  A) current output and the current interest rate will both increase.
  B) current output will not change.
  C) future expected output will decrease.
  D) future expected output will not change.

Question 2

Which of the following individuals would be considered unemployed?
 
  A) an individual who works only part-time
  B) an individual who works full-time in a family business, but is not paid
  C) an individual who is not working and is not looking for work
  D) all of the above
  E) none of the above



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

pami445

  • Sr. Member
  • ****
  • Posts: 303
Answer to Question 1

C

Answer to Question 2

E




penza

  • Member
  • Posts: 1,022
Reply 2 on: Jun 30, 2018
YES! Correct, THANKS for helping me on my review


bblaney

  • Member
  • Posts: 323
Reply 3 on: Yesterday
Gracias!

 

Did you know?

Vaccines cause herd immunity. If the majority of people in a community have been vaccinated against a disease, an unvaccinated person is less likely to get the disease since others are less likely to become sick from it and spread the disease.

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?

Tobacco depletes the body of vitamins A, C, and E, which can result in any of the following: dry hair, dry skin, dry eyes, poor growth, night blindness, abscesses, insomnia, fatigue, reproductive system problems, sinusitis, pneumonia, frequent respiratory problems, skin disorders, weight loss, rickets, osteomalacia, nervousness, muscle spasms, leg cramps, extremity numbness, bone malformations, decayed teeth, difficulty in walking, irritability, restlessness, profuse sweating, increased uric acid (gout), joint damage, damaged red blood cells, destruction of nerves, infertility, miscarriage, and many types of cancer.

Did you know?

Human stomach acid is strong enough to dissolve small pieces of metal such as razor blades or staples.

Did you know?

There used to be a metric calendar, as well as metric clocks. The metric calendar, or "French Republican Calendar" divided the year into 12 months, but each month was divided into three 10-day weeks. Each day had 10 decimal hours. Each hour had 100 decimal minutes. Due to lack of popularity, the metric clocks and calendars were ended in 1795, three years after they had been first marketed.

For a complete list of videos, visit our video library