Reference no: EM13819094
1. Using our best data-based guesses about real-world elasticity, the demand for loanable funds curve is probably rather ______________ and the effects of crowding out are likely to be ___________.
A. elastic; insignificant
B. elastic; significant
C. inelastic; insignificant
D. inelastic; significant
2. The theory of Ricardian equivalence
A. has no real support from economic research
B. won't work if the public bases its behavior on that of "opinion leaders"
C. won't work if expectations are formed rationally
D. implies that private savings rise when deficit spending occurs
3. Consider trading partners named Country M and Country X. We will do this question from the point of view of Country M.
If Country X experiences a recession, in the short run in Country M we are likely to see ____________ in overall prices and ______________ in output.
A. an increase; a decrease
B. a decrease; an increase
C. an increase; an increase
D. a decrease; a decrease
E. none of the above
Decrease in government spending will cause
: On the Keynesian cross diagram, a decrease in government spending (as in tight (contractionary) fiscal policy) will cause
|
As the economy recovers from a recession
: Government spending in the USA is likely to ___________ over the next few decades as the population gets ___________ on average. As the economy recovers from a recession. The Lombard system is a method of doing
|
Increases the money supply growth rate
: For a given level of inflation expectations, if the central bank increases the money supply growth rate, then in the short run
|
Raise this year will not keep up with the increase in prices
: Your spouse complains that her 6% raise this year will not keep up with the increase in prices. In other words, she is unable to buy the same basket of goods with her 6% raise. Therefore, she believes that her
|
The theory of ricardian equivalence
: Using our best data-based guesses about real-world elasticity, the demand for loanable funds curve is probably rather ______________ and the effects of crowding out are likely to be ___________. The theory of Ricardian equivalence
|
Technology increases then in the long run
: Other things the same, if technology increases, then in the long run
|
What is the philosophy behind the use of rehabilitation
: What is rehabilitation and what is the history behind it's use? What is the philosophy behind the use of rehabilitation?
|
Regulated natural monopoly
: A regulated natural monopoly has the following data: if the firm is ordered to price its good so that there is locative efficiency then the firm will have?
|
Classmates regarding how monetary policies affect our lives
: Participate in a discussion with your classmates regarding how monetary policies affect our lives. Utilizing the knowledge that you have accumulated during our course, and by reading or watching the current news, determine the monetary policy issues ..
|