Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

solve this now 30. In Country A, the government increases its expenditures by NIS 200 million. If the MPS is equal to 0.5, the government's

solve this now
image text in transcribed
30. In Country A, the government increases its expenditures by NIS 200 million. If the MPS is equal to 0.5, the government's action real GDP by (a) Increases; NIS 400 million. (c) Increases; NIS 200 million. (b) Decreases; NIS 400 million. (d) Has no effect on; NIS 0 . 31. Automatic stabilizers are designed to: (a) Promote global trade. (c) Moderate changes in disposable income. (b) Simplify the tax system. (d) Stabilize the bipartisan budget process. 32. A recession begins in January but government policy makers do NOT reach an agreement/decision that a recession had in fact begun until June. This is an example of a(n) : (a) Recognition time lag. (c) Effect time lag: (b) Action time lag. (d) Quick time lag

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access with AI-Powered 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

Students also viewed these Accounting questions