Which of the following policies tends to cause the dollar to depreciate?
A. a combination of an contractionary monetary policy and a expansionary fiscal policy
B. a contractionary fiscal policy
C. an contractionary monetary policy
D. an expansionary fiscal policy
Answer: B
You might also like to view...
Which of the following is the most aggregated value?
A. total output of a city B. total output of an industry C. total output of a country D. total output of a firm
In a one-period economic model, the government budget constraint requires that government spending
A) = taxes + transfers. B) = taxes + borrowing. C) > 0. D) = taxes.
Assume that markets clear. If in the labor market there is
a. an excess supply of labor, wages will rise b. an excess demand for labor, wages will fall c. an excess demand for labor, wages will rise d. an excess supply of labor, wages stay constant e. a decline in labor demand, wages will rise
Full employment is the situation in which the economy operates at an unemployment rate equal to the sum of:
A. structural and frictional unemployment. B. cyclical and frictional unemployment. C. structural and cyclical unemployment. D. structural, frictional, and cyclical unemployment.