[Answered] According to the Keynesian model, the government can increase spending or cut taxes to close a ...

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

Author Question: According to the Keynesian model, the government can increase spending or cut taxes to close a ... (Read 155 times)

folubunmi

Hero Member
Posts: 524

on: Jun 30, 2018

According to the Keynesian model, the government can increase spending or cut taxes to close a recessionary gap.
a. True
b. False
Indicate whether the statement is true or false

Question 2

In a commercial bank's T-account, reserves and outstanding loans are recorded as:
a. debts.
b. profits.
c. assets.
d. liabilities.

Need homework help now?

Ask unlimited questions for free

Ask a Question

Marked as best answer by a Subject Expert

frankwu0507

Sr. Member
Posts: 322

Reply #1 on: Jun 30, 2018

Answer to Question 1

True

Answer to Question 2

c

folubunmi

Member
Posts: 524

Reply 2 on: Jun 30, 2018

Excellent

adf223

Member
Posts: 304

Reply 3 on: Yesterday

Thanks for the timely response, appreciate it

« previous next »

Did you know?

Adults are resistant to the bacterium that causes Botulism. These bacteria thrive in honey – therefore, honey should never be given to infants since their immune systems are not yet resistant.

Did you know?

The Babylonians wrote numbers in a system that used 60 as the base value rather than the number 10. They did not have a symbol for "zero."

Did you know?

Urine turns bright yellow if larger than normal amounts of certain substances are consumed; one of these substances is asparagus.

Did you know?

The cure for trichomoniasis is easy as long as the patient does not drink alcoholic beverages for 24 hours. Just a single dose of medication is needed to rid the body of the disease. However, without proper precautions, an individual may contract the disease repeatedly. In fact, most people develop trichomoniasis again within three months of their last treatment.

Did you know?

Automated pill dispensing systems have alarms to alert patients when the correct dosing time has arrived. Most systems work with many varieties of medications, so patients who are taking a variety of drugs can still be in control of their dose regimen.