These are the only questions I got wrong. Can someone explain what the right answer was??
PL LRASSRAS1 P1 ADI RGDP = Y 1. Which of the following is true according to the graph above? The unemployment rate is zero. There is a balanced budget. Net exports are zero. There is structural unemployment. Interest rates are increasing. 10 JEDE Leeville 5 Longland The table above shows the resources required to produce one case of each good. Based on this data, the opportunity cost of producing one water bottle is 2/5 of a coffee mug for Leeville and 2.5 coffee mugs for Longland. 2/5 of a coffee mug for Leeville and 1/2 of a coffee mug for Longland. 2.5 coffee mugs for Leeville and 2/5 of a coffee mug for Longland. 2.5 coffee mugs for Leeville and 2 coffee mugs for Longland. 2 coffee mugs for Leeville and 1/2 of a coffee mug for Longland.Which of the following combinations of fiscal policy will create the greatest increase on total spending in the economy? Government Spending / Taxes Decrease / Increase Decrease / No change Increase / Increase Increase / Decrease No change / Increase 14. How will a decrease in personal income taxes and an increase in government spending affect consumer spending and employment? Consumption / Employment Decrease / Increase Decrease / Decrease Increase / No Change Increase / Decrease Increase / Increase 17. Which of the following is an example of an automatic stabilizer? New environmental regulations increase the number of citizens out of work. Social security taxes are raised. Congress cuts taxes. Economic growth increases budget surplus. Congress increases the minimum wage. 2222. If the Fed begins to buy treasury bills to counter a recession, we would expect to see a decrease in the demand for money. an increase in the quantity of money demanded. a decrease in the quantity demanded of money. no change in the demand for money. 23 When the Fed uses expansionary monetary policy, which of the following is true? Consumer spending and autonomous government spending increase while investment spending decreases. Consumer spending, investment spending, and autonomous government spending decrease Interest sensitive consumer spending, investment spending, and autonomous government spending increase Interest sensitive consumer spending, investment spending, and autonomous government spending decrease while net exports increases due to the change in the price level 26 If the Federal Reserve buys bonds on the open market, how are the purchases of U.S. financial assets by foreigners and the international value of the dollar impacted? Financial Assets / International Value of Dollar JODE Increase / Increase Increase / Decrease No Change / Decrease Decrease / Decrease Decrease / Increase 28. If Congress engages in contractionary fiscal policy, we can expect that the short-run Phillips curve will shift left. the short-run Phillips curve will shift right. the long-run Phillips curve will shift right. there will be a movement to the right along the short-run Phillips curve. there will be a movement to the left along the short-run Phillips curve
