Business, 25.07.2019 17:00 tystar84

Suppose a hypothetical economy is currently in a recessionary gap of $64 billion. four economists agree that expansionary fiscal policy can increase total spending and move the economy out of recession, but they are debating which type of expansionary policy should be used. economist a believes that the government spending multiplier is 8 and the tax multiplier is 4. economist b believes that the government spending multiplier is 4 and the tax multiplier is 2.

Answers: 1

Show answers

Another question on Business

Business, 22.06.2019 02:50

Acompany set up a petty cash fund with $800. the disbursements are as follows: office supplies $300 shipping $50 postage $30 delivery expense $350 to create the fund, which account should be credited? a. postage b. cash at bank c. supplies d. petty cash

Answers: 2

Answer

Business, 22.06.2019 07:30

When the national economy goes from bad to better, market research shows changes in the sales at various types of restaurants. projected 2011 sales at quick-service restaurants are $164.8 billion, which was 3% better than in 2010. projected 2011 sales at full-service restaurants are $184.2 billion, which was 1.2% better than in 2010. how will the dollar growth in quick-service restaurants sales compared to the dollar growth for full-service places?

Answers: 2

Answer

Business, 23.06.2019 02:00

One country has a comparative advantage over another country in the production of a good if ithas a curved production possibilities curve and the other country has a linear production possibilities curve.has lower fixed costs than the other country. has a linear production possibilities curve and the other country has a curved production possibilities curve.is a lower opportunity cost producer of the good.

Answers: 1

Answer

Business, 23.06.2019 02:00

Which type of unemployment would increase if workers lost their jobs because their positions were replaced by an automated process? a) cyclical b) frictional c) international d) structural

Answers: 1

Answer

You know the right answer?

Suppose a hypothetical economy is currently in a recessionary gap of $64 billion. four economists ag...

Questions