← During 2009, the Federal Reserve was easing monetary policy in an attempt to boost the economy. That same year, Congress passed the American Recovery and Reinvestment Act that cut taxes and expanded existing tax credits for working families and businesses As a result of this policy, CA. both the interest fate and GOP should increase OB. the interest rate should increase and the effect on GDP should be ambiguous Q OC GDP should increase and the interest rate should decrease. OD. GDP should increase and the effect on the interest rate should be ambiguous

← During 2009, the Federal Reserve was easing monetary policy in an attempt to boost the economy. That same year, Congress passed the American Recovery and Reinvestment Act that cut taxes and expanded existing tax credits for working families and businesses As a result of this policy, CA. both the interest fate and GOP should increase OB. the interest rate should increase and the effect on GDP should be ambiguous Q OC GDP should increase and the interest rate should decrease. OD. GDP should increase and the effect on the interest rate should be ambiguous

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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The aggregate expenditures model assumes that the level of net exports is independent from the real GDP true or false
Which of these is not true about aggregate demand? a. It includes consumption, investments, government spending, and imports b. It is the amount of total spending on domestic goods and services in an economy. c. It is what economists call total planned expenditure d. It is similar to gross domestic product
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Consider the classical model. Suppose the government decreases taxes by some amount. What happens to public saving, private saving, and investment? Increase in public saving, decrease in private saving, and decrease in investment O b. Decrease in public saving, increase in private saving, and decrease in investment O c. None of the other choices are correct O d. Decrease in public saving, private saving, and investment
An increase in government expenditure shifts the. curve to the Select one: O a. LM/right b. LM/left C. IS/left d. IS/right
Use the following table to answer this question The components of GDP in the accompanying table were produced by the Bureau of Economic Analysis. Consumer spending Durable goods Nondurable goods Services Investment spending Fixed investment spending Nonresidential Structures Equipment and software Residential Change in private inventories Net exports Exports Imports Government purchases of goods and services Federal Category National defense Nondefense State and local What is the value of l? O A. $9,710.2B. O B. $2,130.4B. O C. $2,674.8B. O D. $5,794.4B Components of GDP in 2020 (billions of dollars) $1,082.80 2,833.00 5,794.40 2,134.00 1,503.80 480.3 1,023.50 630.2 -3.6 1,662.40 2,370.20 979.3 662.2 317.1 1.695.50
Please answer a to e sir I know sir. Bartley policy but I have no more question sir. Please answer all I will rate sir..
Question 7 Which of the following would be counted in this year's GDP? O a O b O C Od Question & What is the difference between real GDP and nominal GDP? O a O b Column A 1. 2. C d Question 9 Match each phase of the business cycle to its correct definition. 3. The bonus check a worker receives this year the value of a loan taken out this year The value of a savings bond sold by the federal government to investors this year The value of a television produced last year but sold this year 4 Real GDP allows for depreciation; nominal GDP allows for no depreciation. Real GDP includes nonmarket activities; nominal GDP has no nonmarket activities. Real GDP is based on constant prices; nominal GDP is based on the current year's prices. Real GDP is accurate to hundreds of dollars; nominal GDP is accurate to thousands of dollars. period of economic decline marked by falling real GDP a period of economic growth as measured by a rise in real GDP the height of an economic expansion, when real GDP…
2. Describe the circular flow of income and expenditures. Explain.
7
What of the following summarises the the paradox thirft? a. if all people reduce their consumption, the additional saving makes higher investment possible. b. if all people try to increase their saving simultaneously then consumption, income and emplyment will fall but the volume of saving will remain unchanged. c. higher saving is required to achieve higher investment. d. the proprotion of national income saved decreases if the marginal propensity to consume decreases.