Author Question: A lagging variable can be recognized by the fact that A) its persistence is smaller than that of ... (Read 65 times)

cool

  • Hero Member
  • *****
  • Posts: 570
A lagging variable can be recognized by the fact that
 
  A) its persistence is smaller than that of GDP.
  B) its turning points happen before the turning points of GDP.
  C) the turning points of GDP happen before its turning points.
  D) its persistence is larger than that of GDP.

Question 2

If the Federal Reserve raises interest rates in an autonomous tightening ________.
 
  A) the MP curve shifts up, there is an upward movement along the IS curve, and the AD curve shifts to the left to a lower level of equilibrium output
  B) the MP curve shifts down, there is a downward movement along the IS curve and the AD curve shifts to the right to a higher level of equilibrium output
  C) the MP curve shifts up, there is a downward movement along the IS curve and the AD curve shifts to the right to a lower level of equilibrium output
  D) the MP curve shifts down, there is an upward movement along the IS curve and the AD curve shifts to the left to a higher level of equilibrium output
  E) none of the above



yifu223

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

C

Answer to Question 2

A



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

On average, someone in the United States has a stroke about every 40 seconds. This is about 795,000 people per year.

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?

Atropine, along with scopolamine and hyoscyamine, is found in the Datura stramonium plant, which gives hallucinogenic effects and is also known as locoweed.

Did you know?

Bacteria have been found alive in a lake buried one half mile under ice in Antarctica.

Did you know?

Asthma-like symptoms were first recorded about 3,500 years ago in Egypt. The first manuscript specifically written about asthma was in the year 1190, describing a condition characterized by sudden breathlessness. The treatments listed in this manuscript include chicken soup, herbs, and sexual abstinence.

For a complete list of videos, visit our video library