Author Question: In the Keynesian model, and increase in government spending financed with an increase in taxes will ... (Read 223 times)

scienceeasy · **on:** Jun 30, 2018

In the Keynesian model, and increase in government spending financed with an increase in taxes will

a. move an economy left along its Phillips curve.
b. shift the Phillips curve to the up.
c. move an economy right along its Phillips curve.
d. shift the Phillips curve down.
e. not affect the Phillips curve.

Question 2

Debits (negatives) in the current account of the balance of payments accounts include

a. imports of goods.
b. exports of services.
c. transfers received from other countries.
d. purchases of U.S. government bonds by foreigners.
e. all of the above.