If an economy has an inflationary expenditure gap, the government could attempt to bring the economy back
Question:
If an economy has an inflationary expenditure gap, the government could attempt to bring the economy back toward the full-employment level of GDP _________ by taxes or ________ government expenditures.
a. increasing; increasing
b. increasing; decreasing
c. decreasing; increasing
d. decreasing; decreasing
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 100% (1 review)
If an economy has an inflationary expenditure gap it means that the aggregate demand in the economy ...View the full answer
Answered By
AJIN kuriakose
I have completed B.Tech in Electrical Engineering & Masters in Power & Control From one of the best universities in India. I got the 99.05 percentile in the Gate Electrical Engineering Exam. I can Help students solving assignments in Electrical subjects like Power Electronics, Control system, Analog, Network Theory & Engineering Mathematics. Clear your fundamentals and develop problem-solving skills and analytical skills to crack the exam.
Get guidance and the opportunity to learn from experienced...
I can provide tuition for Electrical engineering subjects (Power Electronics, Digital electronics, Network Theory, Control System & Engineering Mathematics). The toughest subject of Electrical engineering can be made simple in online classes...
I can also solve it.
1 .I can help you with your assignments or exams or quiz or tutoring.
2. Very strict to the deadlines.
Message me for any help in assignments, live sessions. I am here to help students for all assignments, tests and exams and I will make sure you always get _95% In your subject.
Contact me in solution inn for any help in your semester, projects and for many more things . Also feel free to contact me through solution inn and for any advise related to tutoring and how it works here.thank you.
5.00+
5+ Reviews
10+ Question Solved
Related Book For
Macroeconomics
ISBN: 9781264112456
22nd Edition
Authors: Campbell McConnell, Stanley Brue, Sean Flynn
Question Posted:
Students also viewed these Business questions
-
1. In the classical model, it is thought that the long-run: A. and short-run aggregate supply curves are both upward sloping. B. aggregate supply curve is vertical and the short-run aggregate supply...
-
The Crazy Eddie fraud may appear smaller and gentler than the massive billion-dollar frauds exposed in recent times, such as Bernie Madoffs Ponzi scheme, frauds in the subprime mortgage market, the...
-
Compare and contrast megaloblastic anemia caused by vitamin B12 deficiency and that caused by folic acid deficiency. (10)
-
The financial statements of adidas (DEU) and Puma (DEU) are presented in Appendices B and C, respectively. The complete annual reports, including the notes to the financial statements, are available...
-
The flywheel has a diameter of 600 mm and rotates with increasing speed about its z-axis shaft. When point P on the rim crosses the y-axis with = 90, it has an acceleration given by a = 1.8i 4.8j m...
-
The rate of heat transfer between Reservoir A at \(200^{\circ} \mathrm{F}\) and Reservoir B at \(180^{\circ} \mathrm{F}\) is \(1,000 \mathrm{Btu} / \mathrm{hr}\). (a) Compute the lost work. (b)...
-
Carnival Corp. provides cruises to major vacation destinations. Carnival operates 100 cruise ships with a total capacity of 180,746 passengers in North America, Europe, the United Kingdom, Germany,...
-
For sgupta20: 700 words, Original Work, References Included, Plagerism free. In text citation included. Write a paper in which you examine the field of abnormal psychology. Address the following...
-
What were the monetary and fiscal policy responses to the Great Recession? What were some of the reasons suggested for why those policy responses didnt seem to have as large an effect as anticipated...
-
The economys current level of equilibrium GDP is $780 billion. The full-employment level of GDP is $800 billion. The multiplier is 4. Given those facts, we know that _______ the economy faces...
-
Explain what is meant by bunching.
-
Hershey ( HSY ) values the majority of U . S . inventories under the LIFO method and its international business using the FIFO method. Using the information below from HSY ' s footnote, what...
-
A series circuit has unequal resistors. Explain why the resistor with the lower resistance will operate at a lower temperature
-
A toddler runs 9.0 m away from her father in a straight line in 6.4 s , and then walks three-quarters the way back in twice the time.What was the childs average speed? Express your answer using two...
-
The cash flow statement of DD Ltd shows the following positions at the end of the year: Cash inflow from operating activities 4 0 6 0 0 0 Cash outflow from investing activities 3 1 8 0 0 0 Cash...
-
Based on a 10-6 risk for a 70-kg individual consuming 2 L of water per day, the drinking water equivalent level (DWEL) for a contaminant is 10 g/L. What slope factor would produce this value? ...
-
What is the effect of a cash dividend on the corporation accounts?
-
What exactly is a prima facie duty? How does an ethic of prima facie duties differ from monistic and absolutist ethical theories?
-
What is the meaning of a four-firm concentration ratio of 60 percent? 90 percent?
-
What would you expect to happen to the proportion of big chain restaurants relative to mom-and-pop restaurants in a town that lowers its minimum wage? Will the proportion change due to exits or due...
-
What would you expect to happen to the proportion of big chain restaurants relative to mom-and-pop restaurants in a town that lowers its minimum wage? Will the proportion change due to exits or due...
-
Mr. Clark owns 150 shares in the Acme Company and receives %180 per year in dividends. How much does Mrs. Grey receive for an annual dividend if she own 400 shares in the same company?
-
An umbrella manufacturer makes an average profit of Rs. 2.50 per unit on a selling price of Rs. 14.30 by producing and selling 60,000 units at 60% of the potential capacity. His cost of sales per...
-
provide your perceptions, experiences, or observations you have had, and how they relate to the course and your learning experiences. You may address any of these questions in your reflection. What...
Study smarter with the SolutionInn App