Discretionary fiscal policy is a fiscal policy action, such as
A) a decrease in tax receipts, initiated by the state of the economy.
B) an increase in payments to the unemployed, initiated by the state of the economy.
C) an interest rate cut, initiated by an act of Congress.
D) an increase in the quantity of money.
E) a tax cut, initiated by an act of Congress.
E
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If the nominal interest rate in an economy is 4% and the real interest rate in the economy is 2%, the rate of inflation in the economy must be:
A) -2%. B) 4%. C) 2%. D) 0.5%.
Differentiate between a solvent bank and an insolvent bank. Which of the two is likely to have a greater stockholders' equity?
What will be an ideal response?
Refer to the scenario above. A basket of goods worth $1 in the U.S. has a price of ________ in Country 2
A) 320 ritz B) 50 ritz C) 12.5 ritz D) 25 ritz
The global financial crisis that started in 2008 has reestablished the continuing relevance of the IMF
Indicate whether the statement is true or false