A decrease in the Z factors represents
A. a contractionary fiscal policy.
B. an easing of monetary policy.
C. a tightening of monetary policy.
D. an expansionary fiscal policy.
Answer: B
You might also like to view...
Which income distribution is more unequal and why: the income distribution in the United States or in the entire world?
What will be an ideal response?
Equilibrium in a market is
a. a situation in which there are no inherent forces that produce change. b. the natural state of affairs in the market. c. the actual price and quantity that will exist in a market. d. the best price and quantity that can exist in a market. e. All of the above are correct.
If the U.S. imposed a quota on motorcycle imports from Japan it would lead to a _____ quantity imported, and a _______ quantity produced in the U.S.
A. lower; higher B. higher; lower C. lower; lower D. higher; higher
Potential GDP refers to the level of
A) real GDP in the short run. B) real GDP in the long run. C) nominal GDP in the long run. D) nominal GDP in the short run.