A 2009 article in The Economist noted that
a. recent research has allowed economists to estimate the values of fiscal multipliers with a great deal of precision.
b. research on multipliers indicates that multipliers for permanent tax cuts tend to be smaller than multipliers for temporary tax cuts.
c. most of the evidence on multipliers for government spending is based on changes in military expenditures.
d. All of the above are correct.
c
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What are the "deep" factors that change exchange rate expectations?
What will be an ideal response?
For much of 2001 and 2002, McDonalds faced a(n):
A) decrease in demand. B) increase in demand. C) increase in profits. D) none of the above.
An increase in the quantity of loanable funds traded means that
a. firms are borrowing less and investment decreases. b. firms are borrowing less and investment increases. c. firms are borrowing more and investment increases. d. firms are borrowing more and investment decreases.
Which product will have the most elastic demand curve?
A. Fresh fruit B. Gasoline C. Electricity D. Medical services