In terms of timing, the 2003 tax rebate
A. was extremely poor in that it rapidly overheated the economy at the wrong time.
B. was perfect because it unambiguously ended a recession.
C. was enacted and implemented in a relatively short period of time.
D. clearly arrived too late.
Answer: C
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Approximately what percentage of food stamps are issued to individuals who are not entitled to them?
a. 5 percent b. 15 percent c. 25 percent d. 35 percent
Along the horizontal segment of the aggregate supply curve, when real GDP
a. increases, the price level rises b. decreases, the price level falls c. increases, the price level does not change d. increases, the price level falls e. decreases, the price level rises
Assume that foreign capital flows into a nation rise due to expected increases in stock market appreciation. If the nation has highly mobile international capital markets and a fixed exchange rate system, what happens to the net nonreserve international borrowing/investing balanceand monetary base in the context of the Three-Sector-Model? a. The net nonreserve international borrowing/investing
balance becomes more positive (less negative) and monetary base rises. b. The net nonreserve international borrowing/investing balance becomes more negative (less positive) and monetary base falls. c. The net nonreserve international borrowing/investing balance becomes more negative (less positive) and monetary base falls. d. The net nonreserve international borrowing/investing balance and monetary base remain the same. e. There is not enough information to determine what happens to these two macroeconomic variables.
Refer to the table below. If the world price of the product is $6, then Country Y will:
Use the following table to answer the question below for Country Y. Column 1 is the price of a product. Column 2 is the quantity demanded domestically (Qdd) and Column 3 is the quantity supplied domestically (Qsd).
A. Export 100 units of the product
B. Import 100 units of the product
C. Exports of 300 units of the product
D. Imports of 400 units of the product