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: 50% (2 reviews)
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...
-
Net Present Value Method-Annuity Osborne Excavation Company is planning an investment of $580,200 for a bulldozer. The bulldozer is expected to operate for 2,000 hours per year for six years....
-
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...
-
Determine the x- and y-intercepts on the graph of the equation. Graph the equation. -3x - 5y = 15
-
What will be key to make an M&A deal a successful event in a company history?
-
Little Oil has outstanding 1 million shares with a total market value of $20 million. The firm is expected to pay $1 million of dividends next year, and thereafter the amount paid out is expected to...
-
Disk City, Inc., is a retailer for digital video disks. The projected net income for the current year is $1,820,000 based on a sales volume of 290,000 video disks. Disk City has been selling the...
-
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...
-
A circularly symmetric light source has an intensity distribution I () = I 0 exp[ 2 /(2 0 2 )], where is the angular radius measured from the optic axis. Compute the degree of spatial coherence....
-
Following are selected questions from an internal control questionnaire about a companys fixed asset records, additions, disposals, retirements, and depreciation functions. A yes response would...
-
Cite several significant events in the development of contemporary internal auditing in the U.S.
-
You have been assigned to audit the fixed assets of the Johnson Corp., a manufacturer of janitorial supplies. The company maintains a detailed property ledger for all fixed assets. You prepare an...
-
Identify the general and specific laws and regulations addressed in the Single Audit Act Amendment and OMB Circular A-128, "Audits of States, Local Governments, and Non-profit Organizations."
-
Of the following, which would likely be classified as a Type II subsequent event? a. Collection of receivables in amounts substantially different from amounts recorded at the balance sheet date. b....
-
Jackie receives 100 shares of stock as a birthday gift from her Uncle Horace. Horace acquired the shares 22 years ago for $4 each. The stocks value on Jackies birthday is $36 per share. She sells...
-
Read the case study Richter: Information Technology at Hungarys Largest Pharma and answer the following question: How does the organization ensure the accuracy of the data it stores?
-
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...
-
Principles of Managerial Accounting Budget Project Spring 2022 Bright World LLC (BW) distributes sunglasses to small retail stores in the Midwest part of the United States. BW does not manufacture...
-
Project Risk Management Plan General Project Name: Project Sponsor: Project Manager: Risk Environment [Describe how your project supports your company's strategic plan and why the project is...
-
Current Attempt in Progress Blue Spruce Corp. issued $571,000 of 5-year, 5% bonds at 96 on January 1, 2022. The bonds pay interest annually. (a1) Your answer is correct. Prepare the journal entry to...
Study smarter with the SolutionInn App