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

Author Question: If the price index is 100 this year, then: a. there has been no inflation during the year. b. the ... (Read 70 times)

kshipps

  • Hero Member
  • *****
  • Posts: 571
on: Jun 30, 2018
If the price index is 100 this year, then:
 a. there has been no inflation during the year.
 b. the price level is thrice as it was in the base year.
 c. the price level is one hundred times what it was in the base year.
  d. the price level is double what it was in the base year.
 e. the inflation rate has been 100 percent since the base year.

Question 2

Lags in the approval and implementation of fiscal policy:
 a. weaken fiscal policy as a tool of economic stabilization.
 b. increase the effectiveness of fiscal policy as a tool of economic stabilization.
 c. help legislators better assess what policies are most appropriate to adopt.
 d. make fiscal policy more responsive to the current economic environment.
 e. cause fiscal policy to be more effective at changing the level of real GDP than changing the price level only in the long run.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

hanadaa

  • Sr. Member
  • ****
  • Posts: 339
Reply #1 on: Jun 30, 2018
Answer to Question 1

a

Answer to Question 2

a


kshipps

  • Hero Member
  • *****
  • Posts: 571
Reply #2 on: Jun 30, 2018
Correct answers!


hanadaa

  • Sr. Member
  • ****
  • Posts: 339
Reply #3 on: Jun 30, 2018
Great! Please up vote :D


« previous next »
 

Did you know?

Amphetamine poisoning can cause intravascular coagulation, circulatory collapse, rhabdomyolysis, ischemic colitis, acute psychosis, hyperthermia, respiratory distress syndrome, and pericarditis.

Did you know?

Dogs have been used in studies to detect various cancers in human subjects. They have been trained to sniff breath samples from humans that were collected by having them breathe into special tubes. These people included 55 lung cancer patients, 31 breast cancer patients, and 83 cancer-free patients. The dogs detected 54 of the 55 lung cancer patients as having cancer, detected 28 of the 31 breast cancer patients, and gave only three false-positive results (detecting cancer in people who didn't have it).

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?

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.

Did you know?

The average older adult in the United States takes five prescription drugs per day. Half of these drugs contain a sedative. Alcohol should therefore be avoided by most senior citizens because of the dangerous interactions between alcohol and sedatives.

Digital rectal exam (DRE). The physician’s index finger is inserted into the rectum and pressed agai Digital rectal exam (DRE). The physician’s index finger is inserted into the rectum and pressed agai
NCC MERP Index for Categorizing Medication Errors NCC MERP Index for Categorizing Medication Errors
Rate of Residential Change, Past Year, in the United States Rate of Residential Change, Past Year, in the United States
Use a graphical method to find the length of the loan to the nearest year Use a graphical method to find the length of the loan to the nearest year
A non-interest-bearing five-year note for $54600.00 issued May 1, 2015, is discounted April 1, ... A non-interest-bearing five-year note for $54600.00 issued May 1, 2015, is discounted April 1, ...
Video: Lipid absorption - end products & transport mechanism

For a complete list of videos, visit our video library