Based on this graph, deficit spending usually ______.
a. ends before a recession ends
b. continues after the end of a recession
c. does not occur during a recession
d. ends before a recession starts
b. continues after the end of a recession
You might also like to view...
Refer to Scenario 9.1. The dominant strategy for Monty is to place ________ sheep on the commons
A) 4 B) 5 C) Monty's dominant strategy depends on how man sheep Sheb places on the commons. D) Monty has no dominant strategy.
Financial intermediaries emerged
A) to make loans to governments. B) to provide a market for municipal bonds. C) to reduce transactions costs for small savers and borrowers. D) to reduce transactions costs for traders in stocks and bonds.
Which of the following does not contribute to differences in interest rates?
a. Different loans are for different periods of time. b. Large loans generate more administrative costs per dollar than smaller loans. c. Different loans are subject to different tax rules. d. Loans to established businesses are evaluated differently from loans to new businesses. e. The longer the period of repayment, the greater the risk of higher-than-expected inflation.
What are inferior goods?
What will be an ideal response?