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Author Archives: Anonymous

Which of the following is a fiscal policy tool used to stimu…

Which of the following is a fiscal policy tool used to stimulate the economy?

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Given C = 200 + 0.75YD, the multiplier is

Given C = 200 + 0.75YD, the multiplier is

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The trade-off between unemployment rates and inflation origi…

The trade-off between unemployment rates and inflation originates in the

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Supply-side economists advocate

Supply-side economists advocate

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Which of the following would result if the price level were…

Which of the following would result if the price level were below the equilibrium level?

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When the U.S. Treasury issues new bonds to replace bonds tha…

When the U.S. Treasury issues new bonds to replace bonds that have matured, it is engaging in

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Which of the following is consistent with the general consen…

Which of the following is consistent with the general consensus about the shape of the short-run aggregate supply curve?

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In Figure 8.5, according to Keynesians, if equilibrium real…

In Figure 8.5, according to Keynesians, if equilibrium real output is Q1 and full-employment real output is Q2, an appropriate fiscal policy lever would be to

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External shocks include all of the following except

External shocks include all of the following except

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Unlike the classical economists, Keynes asserted that

Unlike the classical economists, Keynes asserted that

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