Ask Question, Ask an Expert

+1-415-315-9853

info@mywordsolution.com

Ask Macroeconomics Expert

 

1.  All else constant, if central bank desires to slow the pace at which economy is expanding, it must raise interest rates.

a. True

b. False

2.  All else constant, reduce in the level of economic activity in foreign countries could be anticipated to have an unfavourable effect on domestic economy.

a. True

b. False

3.  According to circular flow model, the level of income in economy is independent of tax and spending policies of federal government.

a. True

b. False

4.  If government spending exceeds the amount of taxes gathered from businesses and households, the government simply finances the difference by printing more money.

a. True

b. False

5.  When market price is less than the equilibrium price, the surplus will form. This will effect on the quantity demanded to reduce and quantity supplied to increase till equilibrium is reestablished.

a. True

b. False

6.  Suppose the government decides to oblige a new tax on sellers of gasoline, i.e., sellers are needed to pay the government an extra fee for each gallon of gas they sell. In market for gas, this would have the effect of causing the decrease in supply of gas.

a. True

b. False

Macroeconomics, Economics

  • Category:- Macroeconomics
  • Reference No.:- M910587

Have any Question? 


Related Questions in Macroeconomics

What is the payoff for a put option with a strike price of

What is the payoff for a put option with a strike price of $50 if the stock price at expiration is $65? Please provide detail of how you got your answer.

Toys r us of arlington sells sports cars for little kids

Toys R Us of Arlington sells sports cars for little kids; during 2014 it sold a monthly average of 23,000 units for $13 per car. In early January 2015, Toys R Us major competitor, Walmart cut the price of its sport car t ...

Industrial organization classnbspoutline and briefly

Industrial Organization class:  Outline and briefly explain the major elements of the standard used to evaluate industrial performance from the perspective of societal welfare. Based on this standard, rank order the foll ...

Discussiona major topic of discussion today is the price of

Discussion A major topic of discussion today is the price of fuel. Over the past several years the price paid for a gallon of gasoline, diesel fuel, or jet fuel has been fluctuating. Indeed, all products that are derived ...

Say that in year 1 both k and l have values of 1 while in

Say that in year 1 both K and L have values of 1 while in year 10 K has a value of 1.35 and L has a value of 1.1. What is the annual rate of change for k (note the lower case)?

What is the lm equation in a large open economy what is the

What is the LM equation in a large open economy? What is the LM equation in a large open economy? What is the LM equation in a large open economy? What is the LM equation in a large open economy?

The corleone and chung families are the only producers of

The Corleone and Chung families are the only producers of good h in the United States. The market demand for good h is h=1200-20p. The costs of production for each of them are represented by the cost functions C1(h1) = 1 ...

The organizations strategic plan calls for an aggressive

The organization's strategic plan calls for an aggressive growth plan, requiring investment in facilities and equipment, growth in productivity, and labor over the next five years. Write  a report recommending an off-sho ...

This is the four qoustions and i need it as assey form1 we

This is the four qoustions and i need it as assey form. 1. We have heard several presentations about actual MNEs. Pick at least one of these and compare and contrast it to at least one of the other companies presented. 2 ...

The following labor demand and supply curves for cashiers

The following labor demand and supply curves for cashiers in retail stores. Labor demand curve: E =13 - 1/20 W Labor supply curve:   E =-1 + 1/20 W a) Show in a table the number of cashier demanded and supply for each wa ...

  • 4,153,160 Questions Asked
  • 13,132 Experts
  • 2,558,936 Questions Answered

Ask Experts for help!!

Looking for Assignment Help?

Start excelling in your Courses, Get help with Assignment

Write us your full requirement for evaluation and you will receive response within 20 minutes turnaround time.

Ask Now Help with Problems, Get a Best Answer

WalMart Identification of theory and critical discussion

Drawing on the prescribed text and/or relevant academic literature, produce a paper which discusses the nature of group

Section onea in an atwood machine suppose two objects of

SECTION ONE (a) In an Atwood Machine, suppose two objects of unequal mass are hung vertically over a frictionless

Part 1you work in hr for a company that operates a factory

Part 1: You work in HR for a company that operates a factory manufacturing fiberglass. There are several hundred empl

Details on advanced accounting paperthis paper is intended

DETAILS ON ADVANCED ACCOUNTING PAPER This paper is intended for students to apply the theoretical knowledge around ac

Create a provider database and related reports and queries

Create a provider database and related reports and queries to capture contact information for potential PC component pro