The elements of the stimulus package adopted in 2009 that allowed states to pay $25 per week more than they had being paying in unemployment compensation should be considered
A. monetary policy.
B. non-discretionary fiscal policy.
C. discretionary fiscal policy.
D. neither discretionary nor non-discretionary fiscal policy programs.
Answer: C
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The crowding out of private spending by government spending will be greater the
A) less sensitive consumption, investment, and net exports are to changes in the price level. B) less sensitive consumption, investment, and net exports are to changes in interest rates. C) more sensitive consumption, investment, and net exports are to changes in interest rates. D) more sensitive consumption, investment, and net exports are to changes in the price level.
According to the purchasing power parity theory, in the long run
a. the exchange rate between any two currencies should be equal all over the world b. the value of the dollar should equal the value of the pound which should equal the value of the yen c. inflation rates should equalize around the world d. interest rates should equalize around the world e. the exchange rate between the Canadian dollar and the British pound should reflect differences in price levels between Canada and Britain
A shark repellent activity is designed to __________ in order to secure the position of the ___________
a. thwart competitors; shareholders b. protect managers; suitors c. lure white knights; managers d. thwart takeovers; managers e. thwart takeovers; shareholders
Suppose that the chain-weighted index for GDP in Gambia was 275 in 2015 and 350 in 2016. The inflation rate between those two years was approximately:
A. 20.2 percent. B. 27.3 percent. C. 37.5 percent. D. 75 percent.