Explain why the timing of fiscal policy may be more difficult than the timing of monetary policy.

Is the underlined conjunction subordinating or coordinating?   I gave you the book so you could read it.

Identify each of the following as (i) part of an expansionary fiscal policy, (ii) part of a contractionary fiscal policy, or (iii) not part of fiscal policy. a. The personal income tax rate is lowered. b. Congress cuts spending on defense. c. College students are allowed to deduct tuition costs from their federal income taxes. d. The corporate income tax rate is lowered.

Instructions Complete the four short answer and extended response questions in the attached document. You can print out the document, write on it, and then scan the pages or takes pictures of the pages, upload the scans to your computer, and submit as a combined document (docx, doc, or pdf only). Or alternatively, you can legibly write digitally within the document, and then save the complete document and submit it (docx, doc, or pdf). You will submit to the Exam 3 Extended Response Questions assignment, rather than within this quiz. You must submit right after completing this exam! Exam 3 Extended Response Questions Document Exam 3 – Extended Response Questions-1.docx  Formatting Must be docx, doc, or pdf. No other file formats will be accepted and points will be lost! All of the answers need to be combined into a single document, or only the first document will be graded.  The combined document needs to be submitted in the Exam 3 Extended Response Questions assignment (Exam 3 Module), not within this exam link!

Would the use of money, as opposed to barter, increase the growth rate of real GDP in a country over time? Why or why not?

If the economy experiences a negative supply shock, which of the following will be true?

Extra Credit Explain how the Fed can put a ceiling on the federal funds rate and a true floor under the federal funds rate?

Suppose the economy is in short-run equilibrium below potential GDP and Congress and the president lower taxes to move the economy back to long-run equilibrium. Using the basic AD-AS model in the figure above, this would be depicted as a movement from

The largest and fastest-growing category of federal government expenditures is

Find two positive numbers whose product is 1681 and whose sum is a minimum.