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

Author Question: If the government spending multiplier were 3.5, a $2 billion decrease in government spending would ... (Read 346 times)

robinn137

  • Hero Member
  • *****
  • Posts: 544
on: Apr 19, 2019

Question 1

The time it takes for a new economic policy to affect behavior in the economy is


◦ a recognition lag.
◦ an implementation lag.
◦ a response lag.
◦ None of these

Question 2

If the government spending multiplier were 3.5, a $2 billion decrease in government spending would lower GDP by


◦ $70 billion after one year.
◦ $2 billion after two years.
◦ $1.5 billion after one year.
◦ $7 billion after one year.
Principles of Economics ¦ Case, Fair, Oster ¦ 12th Edition
Buy Test-Bank


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by robinn137 on Apr 19, 2019

Pariscourtney

  • Sr. Member
  • ****
  • Posts: 352
Reply #1 on: Apr 19, 2019
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
Answer Preview
Only 56% of students answer this correctly


robinn137

  • Member
  • Posts: 544
Reply 2 on: Apr 19, 2019
Thanks for the timely response, appreciate it

diana chang

  • Member
  • Posts: 288
Reply 3 on: Yesterday
Excellent

« previous next »
 

Did you know?

On average, someone in the United States has a stroke about every 40 seconds. This is about 795,000 people per year.

Did you know?

Anti-aging claims should not ever be believed. There is no supplement, medication, or any other substance that has been proven to slow or stop the aging process.

Did you know?

The horizontal fraction bar was introduced by the Arabs.

Did you know?

After a vasectomy, it takes about 12 ejaculations to clear out sperm that were already beyond the blocked area.

Did you know?

Allergies play a major part in the health of children. The most prevalent childhood allergies are milk, egg, soy, wheat, peanuts, tree nuts, and seafood.

This chart illustrates the bottom up assumption about government. In this, attitudes, culture, and This chart illustrates the bottom up assumption about government. In this, attitudes, culture, and
This chart shows the various lines of responsibility and how they differ in presidential and parliam This chart shows the various lines of responsibility and how they differ in presidential and parliam
In 2013, Americans learned that the federal government massively surveys their phone calls and e-mai In 2013, Americans learned that the federal government massively surveys their phone calls and e-mai
Phrases that Decrease Customer Service Level Phrases that Decrease Customer Service Level
Earth’s Oldest Preserved Rocks – 3.8 Billion Years Old, Greenland Earth’s Oldest Preserved Rocks – 3.8 Billion Years Old, Greenland
The constitutional division of Powers Between the National Government and the States The constitutional division of Powers Between the National Government and the States
Video: Phases of the Female Reproductive Cycle - Hormonal regulation

For a complete list of videos, visit our video library