Homework Answers
Q1) As the US Dollar depreciates, there is inflation like situation in the economy. Imports are expensive where as the exports are cheaper. Due to this imports are decreased and exports are increased. Correct option- (C)
Q2) Long recessions often follows bank crises because banking crises may cause a surplus of credit, so that interest rates fall to a level so low so that investors earn very little in interest income(A).
Q3) The Diagram shows inflationary gap wherein the actual GDP exceeds potential full employment GDP. Y1>Yp correct measure would be to raise tax rates to close inflationary gap (D).
Q4) Real GDP per capita is the best measure of a nation's standard of living (C).
Q5)(B)Trough
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U PLS (SLO/EO: 11a) If the U.S. dollar depreciates relative to currencies in other countries, then...
(1) Other things being equal, which of the following will increase aggregate expenditures? Group of answer...
(1) Other things being equal, which of the following will increase aggregate expenditures? Group of answer choices An increase in domestic prices relative to foreign prices A decrease in the interest rate A decrease in real wealth An increase in income taxes A decrease in government purchases of goods and services (2) If the current unemployment rate is 5 percent and the natural unemployment rate is 6 percent, then the economy is Group of answer choices producing a level of...
Please just help spent the semester in the hospital and apparently have to do an assignment.....
Please just help spent the semester in the hospital and
apparently have to do an assignment..
11. Government spending and taxation changes that cause fiscal policy to be expansionary when the economy contracts and contractionary when the economy expands are known as: A) discretionary fiscal policy. B) automatic stabilizers. autonomous spending policies. destabilizing fiscal policies. 12. 4) The government budget balance equals: taxes plus government purchases plus government transfers. taxes minus government purchases minus government transfers. taxes minus government purchases...
11. The business cycle is a. a very deep and prolonged economic downturn (recession or depression)....
11. The business cycle is a. a very deep and prolonged economic downturn (recession or depression). b. the short-run economic fluctuations between expansions (inflationary gaps) and contracts (recessionary gaps). c. a period in which output and employment are rising d. a period in which output and employment are falling 2. If the price level and nominal GDP both doubled, then real GDP would a. increase by half. b. also double. C. remain unchanged. d. decrease by half. 3. The chain-weight...
From the list on your right select the letter that contains the word phrase, name, etc...
From the list on your right select the letter that contains the word phrase, name, etc that best matches the word phrase, name, etc listed on the left Real Balance (wealth) effect A massive cut in government expenditure Table of exchange rates between US Dollar and Chinese Yuan Renminbi for 2 consecutive years A The aggregate demand curve shifts to the right B. = (Nominal Wage Price)/100 Year $1 X 6.80 A decline in the overall price level improves the...
Which of the following are ways that the Federal Reserve influences the U.S. economy through its monetary policies?
3. How the Fed influences the money supply Which of the following are ways that the Federal Reserve influences the U.S. economy through its monetary policies? Check all that apply. O Using open-market operations to sell securities, the Fed can increase the money supply, thereby increasing interest rates and subsequently reducing the rate of inflation. O Using open-market operations to buy securities, the Fed can increase the money supply, thereby increasing interest rates, which would cause security prices to decrease. Using open-market operations to sell...
Among the most important problems of implementing fiscal policy include all except which of the following?...
Among the most important problems of implementing fiscal policy include all except which of the following? Correctly timing the desired fiscal stimulus, given the inevitable lags and forecasting errors Determining how large a stimulus to apply Assessing when policy actions should be reversed Determining how long a time lag to apply If the central bank does not use accommodating monetary policy, a fiscal stimulus is likely to increase interest rates, which in turn, will cause planned investment to decrease. What...
Answer questions 10 through 13 with reference to Figure 1. w bis 0225 l 3 .sogo...
Answer questions 10 through 13 with reference to Figure 1. w bis 0225 l 3 .sogo Figure 1 gabond to non ll "10 non hann o LIRANJ Real Interest Rates (%) Enter • "A" if arrow A represents the • "B" if arrow B represents the Aggregate Output ($) • "N" if the impact of the development mentioned is not represented in the diagram. 10. Adoption of a large debt-financed government infrastructure investment program. 11. Onset of a serious recession...
1. Structural unemployment is the result of A) short-term movement of workers between jobs. B) job...
1. Structural unemployment is the result of A) short-term movement of workers between jobs. B) job search for first-time job seekers. C) technological change or permanent changes in industry demand. D) business cycle fluctuations. E) recurring changes in the hiring needs of certain industries. 2. The real interest rate equals A) the nominal interest rate minus the rate of unexpected inflation. B) the rate of expected inflation minus the nominal interest rate. C) the nominal interest rate minus the rate...
need it as soo as posible please, thanks Macroeconmics received a 39 increase in your bominal...
need it as soo as posible please, thanks
Macroeconmics
received a 39 increase in your bominal wage and over the year, ination ran about 30) Suppose you received a Which of the following is nie? a) your nominal wage fell b) your real wage feil c) although your nominal wage fell your real waye d) both nominal and real wages increased 31) The actual rate of unemploy rate of employment will be greater than the naturale actual output in weater...
Match the following: 2. Adam Smith 3. Karl Marx 4. John Maynard Keynes Choices: (2 are...
Match the following: 2. Adam Smith 3. Karl Marx 4. John Maynard Keynes Choices: (2 are not used.) a. invented capitalism b. invented socialism c. founder of modern macroeconomics d. founder of modern market economics e. predicted the end of capitalism 5. If a firm has trouble selling its good, it can a. lower price. b. increase demand. c. decrease supply. d. both a) and b) are correct. 6. People often pay too much for goods because they are not...
Please just help spent the semester in the hospital and
apparently have to do an assignment..
11. Government spending and taxation changes that cause fiscal policy to be expansionary when the economy contracts and contractionary when the economy expands are known as: A) discretionary fiscal policy. B) automatic stabilizers. autonomous spending policies. destabilizing fiscal policies. 12. 4) The government budget balance equals: taxes plus government purchases plus government transfers. taxes minus government purchases minus government transfers. taxes minus government purchases...
11. The business cycle is a. a very deep and prolonged economic downturn (recession or depression). b. the short-run economic fluctuations between expansions (inflationary gaps) and contracts (recessionary gaps). c. a period in which output and employment are rising d. a period in which output and employment are falling 2. If the price level and nominal GDP both doubled, then real GDP would a. increase by half. b. also double. C. remain unchanged. d. decrease by half. 3. The chain-weight...
From the list on your right select the letter that contains the word phrase, name, etc that best matches the word phrase, name, etc listed on the left Real Balance (wealth) effect A massive cut in government expenditure Table of exchange rates between US Dollar and Chinese Yuan Renminbi for 2 consecutive years A The aggregate demand curve shifts to the right B. = (Nominal Wage Price)/100 Year $1 X 6.80 A decline in the overall price level improves the...
Answer questions 10 through 13 with reference to Figure 1. w bis 0225 l 3 .sogo Figure 1 gabond to non ll "10 non hann o LIRANJ Real Interest Rates (%) Enter • "A" if arrow A represents the • "B" if arrow B represents the Aggregate Output ($) • "N" if the impact of the development mentioned is not represented in the diagram. 10. Adoption of a large debt-financed government infrastructure investment program. 11. Onset of a serious recession...
need it as soo as posible please, thanks
Macroeconmics
received a 39 increase in your bominal wage and over the year, ination ran about 30) Suppose you received a Which of the following is nie? a) your nominal wage fell b) your real wage feil c) although your nominal wage fell your real waye d) both nominal and real wages increased 31) The actual rate of unemploy rate of employment will be greater than the naturale actual output in weater...
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