Question: Question 6 0 ( 2 points ) Saved Which of the following will increase the potential GDP ( the real income ) of a nation

Question 60(2 points)
Saved
Which of the following will increase the potential GDP (the real income) of a nation in the long run?
cutting the interest rate
increasing government spending
lowering taxes
raising worker productivity
Question 60(2 points) Saved Which of the following will increase the

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Economics Questions!

Q:

Which of the following is a microeconomic concern? ( a) The rate of unemployment in the country ( b) How an individual consumer responds an economic recession. O c) The inflation rate the US faces. O...

Q:

Question 21 (Mandatory) (2 points) () Listen The required reserve ratio is ( a) the percentage of deposits that a bank must, by law, lend to its customers. O b) the percentage of deposits that a bank...

Q:

Question 1 (2 points) Lilly is the price-taking owner of an apple orchard. The price of apples is high enough that Lilly is earning positive economic profits. In the long run, Lilly should expect...

Q:

Question 5 0 ( 2 points ) Which of the following will increase the potential GDP ( the real income ) of a nation in the long run? cutting the interest rate lowering taxes increasing government...

Q:

Which of the following will increase the potential GDP ( the real income ) of a nation in the long run? Question 3 options: lowering taxes cutting the interest rate raising worker productivity...

Q:

Which of the following will increase the potential GDP ( the real income ) of a nation in the long run? Question 3 6 options: raising worker productivity lowering taxes cutting the interest rate...

Q:

Which of the following will increase the potential GDP ( the real income ) of a nation in the long run? Question 3 6 options: raising worker productivity lowering taxes cutting the interest rate...

Q:

Which of the following will increase the potential GDP ( the real income ) of a nation in the long run? increasing government spendifid cutting the interest rate raising worker productivity lowering...

Q:

Question 6 0 ( 2 points ) Which of the following will increase the potential GDP ( the real income ) of a nation in the long run?

Q:

Final_Exam_Macro Question 1 (2 points) Purchasing-power panty theory does not hold at all times because many goods are not easily transported and the same goods produced in different countries may be...

Q:

You are auditing payroll for the Harbor Creek Technologies company for the year ended October 31, 2016. Included next are amounts from the client's trial balance, along with comparative audited...

Q:

Calculate the Health and Post-Secondary Education Tax for a Newfoundland and Labrador payroll with total annual remuneration of $325,500.00. Round answer to 2 decimal places Do Not enter a S DO enter...

Q:

Which level includes the strategies designed by the board of directors and chief executive officers? a. Business Level b. Corporate Level c. Functional Level d. Middle Level

Q:

5. Develop a scenario comparing two PH programs and involving the use of a CBA.

Q:

Describe three situations that would require a businessperson to use the indirect plan for a negative message. (Objective 4)

Q:

Select the most effective plan for developing negative messages (direct or indirect) for the following situations and justify your choice: (Objective 2) a. A routine meeting is canceled. b. A...

Q:

Technology. You manage Sunset Lane, a small card and gift shop. On September 3, you ordered four cases of shower gel and four cases of body lotion, one of each in the following fragrances: White...