What would expansionary fiscal policy do

Assignment Help Microeconomics
Reference no: EM13692423

If an economy is in a recession, what would expansionary fiscal policy do?

Shift AD to the right

Shift AD to the left

Shift SRAS to the right

Shift SRAS to the left

Reference no: EM13692423

Questions Cloud

Simple regression-test whether the slope differs from zero : Suppose you estimate the following simple regression On the basis of the information provided, test whether the slope differs from zero at the 1% level of significance.
Explain what short is--run effect of a fiscal contraction : Explain what the short is--run effect of a fiscal contraction (lower government spending for example? What happens to the nominal wage rate during the process of moving from short-run equilibrium to long run equilibrium? What about real wage rate
What are generally accepted accounting principles : What are generally accepted accounting principles (GAAP)? Who currently develops and issues GAAP? What is the purpose of GAAP?
What would expansionary fiscal policy do : If an economy is in a recession, what would expansionary fiscal policy do?
What is total revenue : Suppose you are in charge of setting the price for commercial advertisements shown during Enemies, a top network television show. There is a 60 minute slot for the show. However, the running time for the show itself is only 30 minutes?
Difficult to participate in your chosen profession overseas : If you could live anywhere in the world, where would you choose and why? What is one location in the world you would never, ever live? Why not? Be sure to consider and discuss the economic factors affecting your decisions, especially the labor market
What is the marginal product of labor : A firm produces 4,000 units of output using 500 workers. Marginal cost is $10, the wage rate is $160, and total fixed cost is $100,000. What is the marginal product of labor?
What proportional tax rate would yield the same tax revenue : A sales person has the following utility function: u(w, ?) = sqrt(w, ?), w is the hourly wage and ? is the number of hours worked in a typical day. This person is choosing between 2 jobs. The first job promises a constant work day of 8 hours and an h..

Reviews

Write a Review

Microeconomics Questions & Answers

  Determine the idea of efficiency wages

Technological advance improves productivity in a purely competitive industry. This change will result in a shift: a.) down of the individual firm's MC curve, causing the market supply curve to shift to the left b.) down of the individual firm's MC cu..

  Assume that price of the product is 4 how many units will

consider the following table.quantity total cost0 162 174 186 198 2110 2712 3514 451 suppose that the price of

  Describe the cutthroat competitors reasons

Describe the cutthroat competitors reasons for not increasing or decreasing his price, thereby accounting for the kink in his demand curve.

  What would happen to the short-run equilibrium price

What would happen to the short-run equilibrium price and quantity of magnesium if a major (economically large) magnesium mine had to close due to environmental regulation? Assume the supply is elastic and demand is inelastic.

  Calculate the profit-maximizing price

Calculate the profit-maximizing price/output combination for oil and gas under current conditions.

  Distinguish between total and average fixed costs

Normal 0 false false false EN-US X-NONE X-NONE Distinguish between total and..

  What is the equilibrium wage and employment

What is the equilibrium wage and employment if the labor market is competitive?

  If the federal government were to run a budget deficit

If the federal government were to run a budget deficit, this would:

  What is probability of no arrivals for more than one hour

The time between arrivals in an airport is exponentially distributed with a mean of 25 minutes.

  Find the corresponding minimum cost function

Does this production function display increasing, constant or decreasing returns to scale and find the corresponding minimum cost function assuming that w 1 and w 2 are given.

  Which markovich still would be willing to build the plant

Markovich Corporation is considering building a new plant. It will cost $1 million today to build it and it will generate revenues of $1.121 million three years from today. Of the interest rates below, which is the highest interest rate at which Mark..

  Capital and labor elasticity of production

what are the capital (k) and labor (L) elasticities of production? What do these elasticities tell you? Log Q=-1.5+.52log k+.65log L

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd