Author Question: Which of the following macroeconomic variables would likely be affected by a fiscal policy? a. The ... (Read 101 times)

kshipps

  • Hero Member
  • *****
  • Posts: 571
Which of the following macroeconomic variables would likely be affected by a fiscal policy?
 a. The nominal interest rate
  b. The exchange rate
 c. The discount rate
 d. Employment
 e. Money supply

Question 2

If a firm enlarges its factory size and realizes higher average (per unit) costs of production then:
 a. it has experienced economies of scale.
  b. it has experienced diseconomies of scale.
  c. it has experienced constant returns to scale.
  d. the long-run average cost curve slopes downward.
  e. the long-run average cost curve shifts upward.



kbennett34

  • Sr. Member
  • ****
  • Posts: 333
Answer to Question 1

d

Answer to Question 2

b



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

Only one in 10 cancer deaths is caused by the primary tumor. The vast majority of cancer mortality is caused by cells breaking away from the main tumor and metastasizing to other parts of the body, such as the brain, bones, or liver.

Did you know?

Prostaglandins were first isolated from human semen in Sweden in the 1930s. They were so named because the researcher thought that they came from the prostate gland. In fact, prostaglandins exist and are synthesized in almost every cell of the body.

Did you know?

The most dangerous mercury compound, dimethyl mercury, is so toxic that even a few microliters spilled on the skin can cause death. Mercury has been shown to accumulate in higher amounts in the following types of fish than other types: swordfish, shark, mackerel, tilefish, crab, and tuna.

Did you know?

If you could remove all of your skin, it would weigh up to 5 pounds.

Did you know?

It is believed that humans initially contracted crabs from gorillas about 3 million years ago from either sleeping in gorilla nests or eating the apes.

For a complete list of videos, visit our video library