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Author Question: Which of the following statements about crowding out is false? a. It is not caused by a budget ... (Read 34 times)

bcretired

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on: Jun 30, 2018
Which of the following statements about crowding out is false?
 a. It is not caused by a budget surplus.
  b. It is caused by a budget deficit.
  c. It can completely offset the multiplier.
  d. It affects interest rates and not economic growth.

Question 2

Suppose a U.S.-made machine costs 500 and the exchange rate is 100 yen = 1 . A Japanese citizen purchasing this machine would pay:
 a. 100 yen.
  b. 500 yen.
  c. 5,000 yen.
  d. 10,000 yen.
  e. 50,000 yen.


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maaaaaaaaaa

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Reply #1 on: Jun 30, 2018
Answer to Question 1

d

Answer to Question 2

e


bcretired

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Reply 2 on: Jun 30, 2018
YES! Correct, THANKS for helping me on my review

kusterl

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Reply 3 on: Yesterday
Gracias!

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