Expansionary fiscal policy includes an increase in government spending, a decrease in taxes or some combination of the two
Indicate whether the statement is true or false
True
You might also like to view...
Assume that an insurance company sets a single price for insurance equal to the total medical bills paid by the insurance company divided by the number of its customers. If it pays medical bills of $5,000 for half of its customers and $9,000 for the other half of its customers, the price of insurance will be:
A. $5,000. B. $6,000. C. $7,000. D. $9,000.
If the price falls and the total amount consumers spend on the good falls, then demand must be
A. inelastic. B. elastic. C. perfectly elastic D. perfectly inelastic.
The data in the above table indicate that when the price level is 100
A) inventories fall and the price level rises. B) the economy is in a long-run macroeconomic equilibrium. C) inventories rise and the price level falls. D) the unemployment rate is at its equilibrium level.
When you buy newly-issued shares of Twitter stock, this transaction takes place in the
A) bond market. B) bear market. C) primary market. D) secondary market.