12
answers
0
watching
53
views
10 Nov 2019
A A increase in the cos of labor b. The use of a new technclogy If costs are fixod fot a year and peice increme of nutots ceurs d. An decrease in the oost of capital goods e An decrease in the cost of materials 57, 7eathe uantityf urchased mt differprice levels The agregate supply curve shows b. the amount of excess capacity in the ecoeomy c the quantity of outpul produced at different income levels d. the quantity of output produced at different prive levels e. the amount of unemployment at different incoeve levels 58. Which of the following statements is correct? a. b. Automatic stabilizers only partially offset the impact of husiness cycles Automatic stabilizers are effective in closing a recessionary gap, but are incapable of moderating an inflationary gap e Automatic stabilizers are effective in clesing an inflationary gap, bua we incapable of moderating a recessionary gap. d. Automatie stabilizers completely alleviate the impact of business cycles. e. None of the above. 59. In the AD-AS model when there is an increase in govenment spending a. output rises and prices fall b. output falis and prices rise c. both output and prices rise d. both output and prices fall. A major advantage of the built-in or automatic stabilizers is that they a. both stabilize the economy and reduce the size of publie debvi. b. produce surpluses during recessions and deficits during inflations e. require no legislative action by Congress to be implemented d. guarantee that the budget will be balanced over the course of a business cycle 60. e would do all of the above the deliberate change in tax laws, transfer payments, and government spending to change equilibrium income 61. Discretionary fiscal policy is defined as a. b. the deliberate manipulation of the money supply to expand the economy. c the arbitrary fluctuation in tax laws and budget roquirements d. the automatic change in certain fiscal instruments when national income changes e. the policy action taken by Congress to reduce the feleral bulget deficit 62. Expansionary fiscal policy can be accomplished by decreasing transfer payments b increasing taxes. c. running a budget surplus d. increasing government spending e doing none of the above
A A increase in the cos of labor b. The use of a new technclogy If costs are fixod fot a year and peice increme of nutots ceurs d. An decrease in the oost of capital goods e An decrease in the cost of materials 57, 7eathe uantityf urchased mt differprice levels The agregate supply curve shows b. the amount of excess capacity in the ecoeomy c the quantity of outpul produced at different income levels d. the quantity of output produced at different prive levels e. the amount of unemployment at different incoeve levels 58. Which of the following statements is correct? a. b. Automatic stabilizers only partially offset the impact of husiness cycles Automatic stabilizers are effective in closing a recessionary gap, but are incapable of moderating an inflationary gap e Automatic stabilizers are effective in clesing an inflationary gap, bua we incapable of moderating a recessionary gap. d. Automatie stabilizers completely alleviate the impact of business cycles. e. None of the above. 59. In the AD-AS model when there is an increase in govenment spending a. output rises and prices fall b. output falis and prices rise c. both output and prices rise d. both output and prices fall. A major advantage of the built-in or automatic stabilizers is that they a. both stabilize the economy and reduce the size of publie debvi. b. produce surpluses during recessions and deficits during inflations e. require no legislative action by Congress to be implemented d. guarantee that the budget will be balanced over the course of a business cycle 60. e would do all of the above the deliberate change in tax laws, transfer payments, and government spending to change equilibrium income 61. Discretionary fiscal policy is defined as a. b. the deliberate manipulation of the money supply to expand the economy. c the arbitrary fluctuation in tax laws and budget roquirements d. the automatic change in certain fiscal instruments when national income changes e. the policy action taken by Congress to reduce the feleral bulget deficit 62. Expansionary fiscal policy can be accomplished by decreasing transfer payments b increasing taxes. c. running a budget surplus d. increasing government spending e doing none of the above
12
answers
0
watching
53
views
For unlimited access to Homework Help, a Homework+ subscription is required.
OC4218648Lv10
21 May 2023
Unlock all answers
Get 1 free homework help answer.
Already have an account? Log in
bingoLv10
17 May 2023
Get unlimited access
Already have an account? Log in
evereadyLv10
17 Dec 2022
Get unlimited access
Already have an account? Log in
eyuLv10
6 Nov 2022
Get unlimited access
Already have an account? Log in
OC4396189Lv10
30 Oct 2022
Get unlimited access
Already have an account? Log in
evangelistaLv10
30 Oct 2022
Get unlimited access
Already have an account? Log in
christopherc63Lv10
30 Oct 2022
Get unlimited access
Already have an account? Log in
30 Oct 2022
Get unlimited access
Already have an account? Log in
alizyLv10
15 Oct 2022
Get unlimited access
Already have an account? Log in
mainLv10
15 Oct 2022
Get unlimited access
Already have an account? Log in
6 Feb 2022
Get unlimited access
Already have an account? Log in
Collen VonLv2
4 Oct 2019
Get unlimited access
Already have an account? Log in