5. Question 5 Which of these statements about how fiscal policy was used in Europe during the crisis is most correct? 1 point All of these statements are correct…
4. Question 4 Which of the following statements is MOST correct? A country with a fiscal deficit has a more serious problem 1 point If the deficit occurs during…
3. Question 3 Which country of the following is currently experiencing the most difficulties keeping up payments on its public or government debt? 1 point Greece Japan …
2. Question 2 Which of the following is the normal chain of events for developed countries to finance their fiscal deficits? 1 point Commercial banks, households, corporations and foreigners…
7. Question 7 The best definition of automatic stabilizers among the following is: 1 point That tax revenues rise automatically when the economy is in a recessionary gap while…
6. Question 6 If the average citizen spends $90 of any $100 from a fresh income injection, the country´s MPC would be: 1 point .1 None of these…
5. Question 5 In general, it is correct to say which of the following? 1 point The higher the MPS, the larger the impact of any government spending program…
3. Question 3 In a moment when the economy is operating just at potential GDP, the appropriate policy would be 1 point expansive restrictive none of these…
2. Question 2 Which of the following measures would shift the aggregate demand curve to the left? 1 point Reducing interest rates Raising taxes Raising government spending…
1. Question 1 Which combination of actions would have the most restrictive impact on the economy? 1 point Raising taxes and raising government spending Raising taxes and raising…
