PLEASE HELP ME TO ANSWER THIS WITH THE CORE ECONOMY BOOK UNIT 14.5 to 14.8.

QUESTION 1:

A change in total income will change the level of consumption in an economy by (c0*change in Y).

Select one True or False

QUESTION 2:

Autonomous increases in spending in one country will have spillover effects on the countries with which they trade.

Select one True or False

QUESTION 3:

REPLACE ANSWER BY THE REAL ANSWER.

The aggregate attempt to increase savings which ultimately leads to a fall in aggregate income is known as theANSWER

(three words).

QUESTION 4:

When an economy functions with idle resources, it implies that extra government spending willcrowd outprivate spending.

Select one: True or False

QUESTION 5:

If firms believe that government will attempt to stabilize the economy after a negative economic shock, then they are likely to feel less confident about the economy forcing government to use a larger than necessary stimulus package.

Select one: True or False

QUESTION 6:

REPLACE ANSWER BY THE REAL ANSWER.

Changes in taxes or government spending in order to stabilize the economy refers toANSWER policy (one word).

QUESTION 7:

REPLACE ANSWER BY THE REAL ANSWER.

The fact that what is true for one part of the economy is not necessarily true of the whole economy is known as the ANSWER (three words).

QUESTION 8:

REPLACE ANSWER BY THE REAL ANSWER.

The number of units of home currency that can be exchanged for one unit of foreign currency is known as theANSWER (two words).