Homework Answers
Answer 16. Option 4 is correct i.e. output
Government expenditure multiplier tells us that by what amount output/income increases when Government expenditure changes by 1 unit.
Multiplier or dY/dG in a closed economy is equal to 1/(1-c)
Where,
Y is income/output
G is Government expenditure
C is Marginal Propensity to consume
Answer 17. Option 2 is correct i.e. increase
An increase in the real exchange rate means people in a country can get more foreign goods for an equivalent amount of domestic goods. Therefore, an increase in the real exchange rate will tend to increase net import
For example,
Previous 1INR = 50$
Real Exchange rate rises
Now, 1 INR = 40$
This means that USA citizens can buy the same amount of good at a lower cost. Thus, imports will increase in USA.
Add Answer to:
od luck! DQuestion 16 2 pts The government-purchases multiplier indicates how much response to a $1...
Good luck! 1 pts DQuestion 7 When a population's size is much smaller than its carrying...
Good luck! 1 pts DQuestion 7 When a population's size is much smaller than its carrying capacity.. O it's size will not change over time. ® it's size will be increasing but very slowly ⓔ it's growth will be exponential. O it's size will decrease over time. e None of these. Next Previous Not saved Submit Q oe曲會醒圏a@47 (g) @
DQuestion 1 2 pts Usually a government budget deficit is good, as it stimulates the economy....
DQuestion 1 2 pts Usually a government budget deficit is good, as it stimulates the economy. bad, because future persons have to pay more interest. good if for productive investment, otherwise unwise. O neither good nor bad; it's just money. DQuestion 2 2 pts Which is the effect of a reduction of income-tax rates? O supply side. O demand side. both supply and demand side O neither supply nor demand side. Question 3 2 pts In public choice theory, the...
D Question 5 1 pts A major concern of fiscal policy is how federal government taxing...
D Question 5 1 pts A major concern of fiscal policy is how federal government taxing and spending affects aggregate demand. how changes to the budget affect the money supply. how changes to the money supply affect aggregate demand. - Previous Next Question 9 1 pts of the following examples, which is an example of an automatic fiscal policy stabilizer? Congress increases individual income tax rates. Congress decides to cut spending on national parks. Tax revenues increase as real GDP...
26. are The four components of planned aggregate expenditures a. Consumption, investment, inventories, and government purchases....
26. are The four components of planned aggregate expenditures a. Consumption, investment, inventories, and government purchases. b. Consumption, planned investment, unplanned changes in inventory, and exports. c. Consumption, investment, government purchases, and net exports. d. Consumption, investment, exports and imports. 27. The aggregate demand (AD) curve slopes downward indicating that a. an increase in the general price level will reduce the aggregate quantity of goods and services demanded. b. an increase in the general price level will increase the aggregate...
rect Question 2 0/1 pts The money supply equals monetary base plus money multiplier. • monetary...
rect Question 2 0/1 pts The money supply equals monetary base plus money multiplier. • monetary base divided by money multiplier. money multiplier divided by monetary base. money multiplier multiplied by monetary base. Incorrect Question 3 0/1 pts If the MI multiplier is 3 and the Fed engages in open-market purchases in the amount of S3 billion. then monetary base will increase by S3 billion decline by S9 billion. decline by S3 billion. • increase by $9 billion. rect Question...
16. to the wealth effect, an increase in the price level causes ease in real wealth and more purchases b. An incr C. A decrease d. rease in real wealth and fewer purchases se in real wealth and f...
16. to the wealth effect, an increase in the price level causes ease in real wealth and more purchases b. An incr C. A decrease d. rease in real wealth and fewer purchases se in real wealth and fewer purchases A decrease in r price level increase tends to reduce net exports, thereby reducing the amount of real goods a. The b. The international banner effect C. rvices purchased in the U.S. Economists refer to this phenomenon as international wealth...
(1) Calculate the government spending multiplier if, an increase in government spending by $5 million increases...
(1) Calculate the government spending multiplier if, an increase in government spending by $5 million increases real GDP by $20 million. Group of answer choices 0.20 0.25 2 5 4 (2) A major benefit of automatic stabilizers is that they: Group of answer choices guarantee a balanced budget over the course of the business cycle. have a tendency to reduce the national debt. moderate the effect of fluctuations in the business cycle. require legislative review by Congress before they can...
(1) Other things being equal, which of the following will increase aggregate expenditures? Group of answer...
(1) Other things being equal, which of the following will increase aggregate expenditures? Group of answer choices An increase in domestic prices relative to foreign prices A decrease in the interest rate A decrease in real wealth An increase in income taxes A decrease in government purchases of goods and services (2) If the current unemployment rate is 5 percent and the natural unemployment rate is 6 percent, then the economy is Group of answer choices producing a level of...
DQuestion 36 2 pts The following table shows the number of U.S. dollars required to buy...
DQuestion 36 2 pts The following table shows the number of U.S. dollars required to buy one British pound and the number of U.S. dollars required to buy one euro between February 1, 2016, and September 1, 2016: U.S. Dollars Required U.S. Dollars to Buy 1 British Pound 1.429 Required to Buy 1 Euro 1.1092 Date February 1, 2016 March 1, 2016 1.425 April 1, 2016 1.432 May 1, 20161.452 June 1, 2016 1.420 July 1, 20161.313 August 1, 2016...
D Question 32 2 pts The average U.S. citizens' share of the government debt represents less...
D Question 32 2 pts The average U.S. citizens' share of the government debt represents less than 2 percent of a person's lifetime income True False Question 33 If the MPC = 0.75, then the government purchases multiplier is about 4 03 O 7 1.33 2p Question 34 Other things the same, as the price level falls, the exchange rate rises. A rise in the exchange rate lead: to a decrease in net exports. True O False o BI E
Good luck! 1 pts DQuestion 7 When a population's size is much smaller than its carrying capacity.. O it's size will not change over time. ® it's size will be increasing but very slowly ⓔ it's growth will be exponential. O it's size will decrease over time. e None of these. Next Previous Not saved Submit Q oe曲會醒圏a@47 (g) @
DQuestion 1 2 pts Usually a government budget deficit is good, as it stimulates the economy. bad, because future persons have to pay more interest. good if for productive investment, otherwise unwise. O neither good nor bad; it's just money. DQuestion 2 2 pts Which is the effect of a reduction of income-tax rates? O supply side. O demand side. both supply and demand side O neither supply nor demand side. Question 3 2 pts In public choice theory, the...
D Question 5 1 pts A major concern of fiscal policy is how federal government taxing and spending affects aggregate demand. how changes to the budget affect the money supply. how changes to the money supply affect aggregate demand. - Previous Next Question 9 1 pts of the following examples, which is an example of an automatic fiscal policy stabilizer? Congress increases individual income tax rates. Congress decides to cut spending on national parks. Tax revenues increase as real GDP...
26. are The four components of planned aggregate expenditures a. Consumption, investment, inventories, and government purchases. b. Consumption, planned investment, unplanned changes in inventory, and exports. c. Consumption, investment, government purchases, and net exports. d. Consumption, investment, exports and imports. 27. The aggregate demand (AD) curve slopes downward indicating that a. an increase in the general price level will reduce the aggregate quantity of goods and services demanded. b. an increase in the general price level will increase the aggregate...
rect Question 2 0/1 pts The money supply equals monetary base plus money multiplier. • monetary base divided by money multiplier. money multiplier divided by monetary base. money multiplier multiplied by monetary base. Incorrect Question 3 0/1 pts If the MI multiplier is 3 and the Fed engages in open-market purchases in the amount of S3 billion. then monetary base will increase by S3 billion decline by S9 billion. decline by S3 billion. • increase by $9 billion. rect Question...
16. to the wealth effect, an increase in the price level causes ease in real wealth and more purchases b. An incr C. A decrease d. rease in real wealth and fewer purchases se in real wealth and fewer purchases A decrease in r price level increase tends to reduce net exports, thereby reducing the amount of real goods a. The b. The international banner effect C. rvices purchased in the U.S. Economists refer to this phenomenon as international wealth...
DQuestion 36 2 pts The following table shows the number of U.S. dollars required to buy one British pound and the number of U.S. dollars required to buy one euro between February 1, 2016, and September 1, 2016: U.S. Dollars Required U.S. Dollars to Buy 1 British Pound 1.429 Required to Buy 1 Euro 1.1092 Date February 1, 2016 March 1, 2016 1.425 April 1, 2016 1.432 May 1, 20161.452 June 1, 2016 1.420 July 1, 20161.313 August 1, 2016...
D Question 32 2 pts The average U.S. citizens' share of the government debt represents less than 2 percent of a person's lifetime income True False Question 33 If the MPC = 0.75, then the government purchases multiplier is about 4 03 O 7 1.33 2p Question 34 Other things the same, as the price level falls, the exchange rate rises. A rise in the exchange rate lead: to a decrease in net exports. True O False o BI E
Most questions answered within 3 hours.
-
3. Gains from trade
Consider two neighbouring island countries called Euphoria and
Contente. They each have...
asked 54 minutes ago -
A business executive has the option to invest money in two
plans: Plan A guarantees that...
asked 3 hours ago -
Hello, can someone please help me answer this question?
How much heat is absorbed by a...
asked 3 hours ago -
. A marketing researcher conducted a survey of 25 shoppers
randomly selected at the local mall...
asked 3 hours ago -
Create an comprehensive response to the
following:
Antimicrobial agents work on a multitude of microbes (bacteria,...
asked 3 hours ago -
6.13 LAB: Step counter. Section 6.3.
A pedometer treats walking 2,000 steps as walking 1 mile....
asked 3 hours ago -
(14.2) A block of mass m = 10 kg riding on a frictionless
horizontal plane is...
asked 3 hours ago -
Use any search engine to search for articles about Starbucks
partnership with Tata Companies in India...
asked 3 hours ago -
Let’s say that for some reason Bank Excess Reserves suddenly
increase sharply. What effect would this...
asked 3 hours ago -
Given:
Curent Assets: $600,000
Total Assets: $2,600,000
Current Liabilities: $500,000
Total Liabilities: $1,700,000
What is the...
asked 3 hours ago -
1. What is a “Bankster”? What is insider trading? Why is it
illegal?
2. What is...
asked 3 hours ago -
A transverse wave on a cord is given by
D(x,t)=0.18sin(2.7x−61.0t), where Dand x are in m...
asked 3 hours ago