Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

1.The decrease in interest-related Consumption and Investment spending that occurs as a result of increased interest rates - because of increased government spending is what?

1.The decrease in interest-related Consumption and Investment spending that occurs as a result of increased interest rates - because of increased government spending is what?

a. The discount rate

b. The prime rate

c. Crowding in

d. Crowding out

2.When the economy is suffering from a recession, the response from the government should be

a. Expansionary Fiscal Policy and Contractionary Monetary Policy

b. Contractionary Fiscal Policy and Contractionary Monetary Policy

c. Expansionary Fiscal Policy and Expansionary Monetary Policy

d. Contractionary Fiscal Policy and Expansionary Monetary Policy

e. None of the above.

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Financial Reporting And Analysis

Authors: Lawrence Revsine, Daniel Collins

5th Edition

0078110866, 978-0078110863

More Books

Students also viewed these Economics questions

Question

Is financial support available for travel to conferences?

Answered: 1 week ago