Author Question: A government spending and taxation policy to achieve macroeconomic goals is known as: a. ... (Read 54 times)

colton

  • Hero Member
  • *****
  • Posts: 627
A government spending and taxation policy to achieve macroeconomic goals is known as:
 a. countercyclical policy.
  b. fiscal policy.
  c. monetary policy.
  d. a balanced budget.
  e. presidential discretion.

Question 2

When the Fed reduces the money supply, it will cause a decrease in aggregate demand because:
 a. real rates will rise, lowering business investment and consumer spending.
  b. the dollar will depreciate on the foreign exchange market, leading to an increase in net exports.
  c. lower interest rates will cause the value of assets (for example, stocks) to rise.
  d. the national debt will increase, causing consumers to reduce their spending.



jrpg123456

  • Sr. Member
  • ****
  • Posts: 317
Answer to Question 1

b

Answer to Question 2

a



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

When Gabriel Fahrenheit invented the first mercury thermometer, he called "zero degrees" the lowest temperature he was able to attain with a mixture of ice and salt. For the upper point of his scale, he used 96°, which he measured as normal human body temperature (we know it to be 98.6° today because of more accurate thermometers).

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?

Hippocrates noted that blood separates into four differently colored liquids when removed from the body and examined: a pure red liquid mixed with white liquid material with a yellow-colored froth at the top and a black substance that settles underneath; he named these the four humors (for blood, phlegm, yellow bile, and black bile).

Did you know?

Hip fractures are the most serious consequences of osteoporosis. The incidence of hip fractures increases with each decade among patients in their 60s to patients in their 90s for both women and men of all populations. Men and women older than 80 years of age show the highest incidence of hip fractures.

Did you know?

When intravenous medications are involved in adverse drug events, their harmful effects may occur more rapidly, and be more severe than errors with oral medications. This is due to the direct administration into the bloodstream.

For a complete list of videos, visit our video library