Question
1. Which of the following with NOT shift the money demand curve. Select one: a.the price level b.real GDP c.banking technology d.the interest rate 2.If
1. Which of the following with NOT shift the money demand curve. Select one: a.the price level b.real GDP c.banking technology d.the interest rate 2.If the government decreases taxes this will shift the aggregate demand curve by _____ than a change in government spending for goods and services and has a _____ effect on real GDP. Select one: a.more; larger b.more; smaller c.less; larger d.less; smaller
3.During a recession, automatic stabilization policy will _____, making the deficit _____. Select one: a. decrease the marginal propensity to save, increasing consumption; the same b. decrease government transfers and consumption; bigger c. increase disposable income and consumption; smaller d. increase corporate profits and investment; smaller
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started