a. The spending-Income multiplier reduces spending-income changes into larger changes in aggregate supply, causing cost-push Inflation....
Fantastic news! We've Found the answer you've been seeking!
Question:
Transcribed Image Text:
a. The spending-Income multiplier reduces spending-income changes into larger changes in aggregate supply, causing cost-push Inflation. magnifies spending-income changes into greater changes in aggregate demand, causing demand-pull inflation. reduces spending-income changes into smaller changes in aggregate supply, causing demand-push inflation. magnifies spending-Income changes into smaller changes in aggregate demand, causing demand-pull inflation. b. According to mainstream economists, the usual cause of macroeconomic instability is the national debt. aggregate spending and its components. International trade disruptions. aggregate production and its components. c. According to mainstream economists, adverse aggregate supply factors can cause instability by alternately causing cost-push Inflation and recession. simultaneously causing cost-push Inflation and recession. causing cost-push inflation or recession. never causing cost-push Inflation and recession. a. The spending-Income multiplier reduces spending-income changes into larger changes in aggregate supply, causing cost-push Inflation. magnifies spending-income changes into greater changes in aggregate demand, causing demand-pull inflation. reduces spending-income changes into smaller changes in aggregate supply, causing demand-push inflation. magnifies spending-Income changes into smaller changes in aggregate demand, causing demand-pull inflation. b. According to mainstream economists, the usual cause of macroeconomic instability is the national debt. aggregate spending and its components. International trade disruptions. aggregate production and its components. c. According to mainstream economists, adverse aggregate supply factors can cause instability by alternately causing cost-push Inflation and recession. simultaneously causing cost-push Inflation and recession. causing cost-push inflation or recession. never causing cost-push Inflation and recession.
Expert Answer:
Answer rating: 100% (QA)
The detailed answer for the above question is provided below a The correct option is magnifies spendingincome changes into greater changes in aggregat... View the full answer
Related Book For
Posted Date:
Students also viewed these economics 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...
-
MCQ questions: 1. An increase in oil prices, such as the oil shocks in the 70s, lead to _______ thereby causing ________ a movement along the AS curve; cost-push inflation a leftward shift in the AS...
-
Write an HTML document to create a form that collects favorite popular songs, including the name of the song, the composer, and the performing artist or group. This document must call one PHP script...
-
Health care in the US has been traditionally a mixture of not-for-profit and for-profit organizations. Do you think that markets where more for-profit firms exist would be inherently more...
-
The Gidewall Corporation uses part 210 in a manufacturing process. Information as to balances on hand, purchases, and requisitions of part 210 is given in the following table: Instructions: What is...
-
You push a \(30 \mathrm{~kg}\) shopping cart initially at rest (loaded with groceries) with a constant \(12-\mathrm{N}\) force. How far does it travel after pushing it for \(4.5 \mathrm{~s}\) ?
-
Steven Newman, Inc., estimates 2012 costs to be as follows: Direct materials. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $6 per unit Direct...
-
Suppose we have a nMOSCAP made of Si. Suppose the channel doping is too strong at p = 1019 cm-3. All plots should assume the metal is on the left side. For this problem, we apply Vgs = Vth. (a) Plot...
-
Explain to a new manager the Family and Medical Leave Act. Explain the law and then give him a few examples. Talk about what you can take FMLA for and how long you can be away. include some history...
-
In what ways do organizations allocate indirect costs, and how can different allocation methods influence managerial decision - making and cost control?
-
3 . Given the following cost information about a fixed asset, calculate depreciation expense for its second year of operation assuming a ) straight - line depreciation, b ) double - declining...
-
I have to do a Presentation about family law Subtopics: What is family law Types of family law? Jurisdictions? Types of custody? what would other subtopics be for Family Law?
-
Find the per unit length resistance of a cylinder with a radius of a = 2 cm, made of copper with a conductivity of = 5.998 x 107 [S/m] (shown in Figure 1). Figure 1: 3-D view of a cylinder made of...
-
Company A and Company B reported the following results for the latest year Company A Company B Sales Rs . 5 , 0 0 0 Rs . 5 , 0 0 0 Variable Costs Rs . 2 , 2 0 0 Rs . 1 , 0 0 0 Fixed Costs Rs . ...
-
ash the network schedule given in figure 2 and find the optimum time and the least total cost. Indirect cost = $ 150/day. Activity Duration Direct Cost ($) Cost Day Cost /day Days shortened Normal...
-
What is the maximum volume of 0.25 M sodium hypochlorite solution (NaOCl, laundry bleach) that can be prepared by dilution of 1.00 L of 0.80 M NaOCl?
-
Multiple Choice: 1. A market will experience a ________ in a situation where quantity supplied exceeds quantity demanded and a _______ in a Situation where quantity demanded exceeds quantity...
-
Is it inefficient that the United States spends a larger fraction of income on health care than the fraction spent by other countries?
-
If the government had not encouraged a goal of homeownership with easy credit, would we have the current housing market problem?
-
Which objective of management takes care of the conservation of the environment and natural resources? Organizational objectives Personal objectives Social objectives None of the above
-
Which managerial skill refers to the ability to view the entire situation in totality? Technical skills Human skills Conceptual skills None of the above
-
Which level of management includes departmental managers, deputy managers, and assistant managers? Strategic-level management Middle-level management Operative-level management None of the above
Study smarter with the SolutionInn App