This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: Economists assume that households and firms share two important characteristics. One of these ... (Read 104 times)

mia

  • Hero Member
  • *****
  • Posts: 564
on: Jun 30, 2018
Economists assume that households and firms share two important characteristics. One of these characteristics is that
 
  A) they smooth spending during recessions and expansions.
  B) they act rationally to meet their objectives.
  C) they only consider the present when making decisions.
  D) the growth rate in spending by each is equally volatile.

Question 2

Often, the farther real GDP is below potential GDP,
 
  A) the smaller the multiplier effect.
  B) the larger the multiplier effect.
  C) the less effective is the multiplier effect.
  D) the less meaningful is the multiplier effect.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

sokh

  • Sr. Member
  • ****
  • Posts: 357
Reply #1 on: Jun 30, 2018
Answer to Question 1

B

Answer to Question 2

B


mia

  • Member
  • Posts: 564
Reply 2 on: Jun 30, 2018
Excellent

kthug

  • Member
  • Posts: 332
Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

« previous next »
 

Did you know?

Signs of depression include feeling sad most of the time for 2 weeks or longer; loss of interest in things normally enjoyed; lack of energy; sleep and appetite disturbances; weight changes; feelings of hopelessness, helplessness, or worthlessness; an inability to make decisions; and thoughts of death and suicide.

Did you know?

Inotropic therapy does not have a role in the treatment of most heart failure patients. These drugs can make patients feel and function better but usually do not lengthen the predicted length of their lives.

Did you know?

Bacteria have flourished on the earth for over three billion years. They were the first life forms on the planet.

Did you know?

Oxytocin is recommended only for pregnancies that have a medical reason for inducing labor (such as eclampsia) and is not recommended for elective procedures or for making the birthing process more convenient.

Did you know?

According to the National Institute of Environmental Health Sciences, lung disease is the third leading killer in the United States, responsible for one in seven deaths. It is the leading cause of death among infants under the age of one year.

Seven characteristics are common to all life Seven characteristics are common to all life
Characteristics of the Lophotrochozoa. Characteristics of the Lophotrochozoa.
Types and characteristics of stem cells for culture Types and characteristics of stem cells for culture
The recent mass upheavals in Tunisia, Egypt, Libya, Yemen, and Syria gave political scientists a cha The recent mass upheavals in Tunisia, Egypt, Libya, Yemen, and Syria gave political scientists a cha
Animated! Organisms are classified into groups according to their characteristics Animated! Organisms are classified into groups according to their characteristics
Analysts expect Virtucon to make payouts of $8.7643B at the end of this year. Assume that all ... Analysts expect Virtucon to make payouts of $8.7643B at the end of this year. Assume that all ...
Video: Vascular tissues in a corn stem and a buttercup root

For a complete list of videos, visit our video library