It is probably fair to say that
7. Question 7 It is probably fair to say that 1 point It is difficult for politicians who carry out a restrictive fiscal policy to win elections If…
Which of the following statements is correct?
4. Question 4 Which of the following statements is correct? 1 point Typically, developing countries have foreign debt and developed countries do not Only Greece and the United…
Which of the following institutions may buy government bonds in BOTH the primary and the secondary market, in most developed countries?
2. Question 2 Which of the following institutions may buy government bonds in BOTH the primary and the secondary market, in most developed countries? 1 point large financial institutions…
“The United States has the world´s largest fiscal deficit in total US dollars.” Could anything be changed in this statement to correctly evaluate whether the United States has a fiscal deficit problem?
1. Question 1 “The United States has the world´s largest fiscal deficit in total US dollars.” Could anything be changed in this statement to correctly evaluate whether the United States…
If we observe that the economy of a developed country has a deficit during a recessionary gap, of which of the following conclusions can we be CERTAIN?
7. Question 7 If we observe that the economy of a developed country has a deficit during a recessionary gap, of which of the following conclusions can we be CERTAIN?…
The correct formula for the multiplier is: (where ‘∆’ stands for change)
4. Question 4 The correct formula for the multiplier is: (where ‘∆’ stands for change) 1 point 1/(1-MPS) ∆C/∆Y ∆S/∆Y 1/(1-MPC)
Which of the following measures would have NO impact on aggregate demand?
2. Question 2 Which of the following measures would have NO impact on aggregate demand? 1 point Raising consumption taxes Raising interest rates Raising government spending …
If you were asked to choose a pair of effects that would have the greatest contractive/restrictive effect on the economy, which would you choose?
7. Question 7 If you were asked to choose a pair of effects that would have the greatest contractive/restrictive effect on the economy, which would you choose? 1 point …
The most important difference between real and nominal GDP is
5. Question 5 The most important difference between real and nominal GDP is 1 point That real GDP includes C+I+G+(X-M), while nominal GDP includes other elements of aggregate demand…
Which of the following will cause the aggregate demand (AD) curve to shift outward to the right?
Question 3 Which of the following will cause the aggregate demand (AD) curve to shift outward to the right? 1 point A new, higher tax on company profits …
