Consider the figures to the right. Which of the following combinations of specific fiscal policy will return the economy to long-run macroeconomic equilibrium (point C)? That is, what policy will move aggregate demand from AD2 to AD2, (policy) in the second period? A. Example (A): Decrease government spending Example (B): Decrease taxes B. Example (A): Increase taxes Example (B): Increase government spending C. Example (A): Decrease government spending Example (B): Decrease government spending D. Example (A): Increase government spending Example (B): Increase taxes
Answers: 2
Business, 21.06.2019 13:00
Suppose that a worker in caninia can produce either 2 blankets or 8 meals per day, and a worker in felinia can produce either 5 blankets or 1 meal per day. each nation has 10 workers. for many years, the two countries traded, each completely specializing according to their respective comparative advantages. now war has broken out between them and all trade has stopped. without trade, caninia produces and consumes 10 blankets and 40 meals per day and felinia produces and consumes 25 blankets and 5 meals per day. the war has caused the combined daily output of the two countries to decline by
Answers: 3
Business, 22.06.2019 23:00
Which of the following represents an unlimited queue? a. toll booth serving automobiles on the interstateb. drive through lane at a fast food restaurantc. faculty office with limited seating during office hoursd. restaurant with no outside seating and limited capacity due to fire departments restrictionse. small barbershop with only 5 chairs for waiting customers
Answers: 3
Consider the figures to the right. Which of the following combinations of specific fiscal policy wil...
History, 22.06.2019 10:50
Mathematics, 22.06.2019 10:50
Mathematics, 22.06.2019 10:50