In 2010 and 2011, many observers were worried that the
A. budget would not be balanced and fiscal stimulus would be withdrawn too soon.
B. budget would not be balanced and monetary stimulus would be withdrawn too soon.
C. budget would be balanced and fiscal stimulus would be withdrawn too soon.
D. budget would be balanced and monetary stimulus would be withdrawn too soon.
Answer: C
You might also like to view...
Refer to Figure 13-11. The diagram depicts a firm
A) in an increasing-cost industry. B) in long-run equilibrium. C) that is making short-run losses. D) in a constant-cost industry.
A downward-sloping demand curve for Korean won in terms of Canadian dollars indicates that the higher the dollar price of Korean won, the more won will be demanded
a. True b. False Indicate whether the statement is true or false
When banks hold excess reserves the:
A. money multiplier underestimates how much money will be created in the economy. B. money multiplier overestimates how much money will be created in the economy. C. reserve ratio is not fully functioning, and should be lowered. D. reserve ratio is not fully functioning, and should be raised.
Bob has heard rumors that his employer will be merging with another firm and many employees may lose their jobs, and he wants to be prepared in case he loses his job. If he begins to save more in response to this rumor, it is a ________ reason for saving.
A. private B. precautionary C. public D. life-cycle