Question
Which of the following is considered an advantage of expansionary fiscal policy? Group of answer choices Lower inflation. Greater capital inflows. Lower interest rates. Smaller
Which of the following is considered an advantage of expansionary fiscal policy?
Group of answer choices
Lower inflation.
Greater capital inflows.
Lower interest rates.
Smaller trade deficits.
Export-led growth policies are designed to:
Group of answer choices
boost exports, reduce net exports, and increase equilibrium income.
reduce imports and net exports and increase equilibrium income.
increase exports, net exports, and equilibrium income.
reduce imports, increase net exports, and increase equilibrium income.
Exchange rate policy:
Group of answer choices
is a type of fiscal policy.
alters the exchange rate in order to affect a country's consumption.
alters the exchange rate in order to affect a country's trade balance.
alters the exchange rate in order to affect a country's investment.
Economists now generally agree that expectations are:
Group of answer choices
adaptive.
extrapolative.
rational.
perfect.
Automatic stabilizers:
Group of answer choices
are government programs to employ workers during recessions.
create government budget surpluses during economic recessions.
are designed to reduce the price level directly.
counteract both recessions and expansions through changes in spending without government action.
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