ECO 100 Week 8 Knowledge Check 8
ECO 100 Week 8 Knowledge Check 8
•Question 1
A(n) ________________________________ is calculated as a flat percentage of income earned, regardless of level of income.
•Question 2
What do goods like gasoline, tobacco, and alcohol typically share in common?
•Question 3
_____________________ are a form of tax and spending rules that can affect aggregate demand in the economy without any additional change in legislation.
•Question 4
During a recession, if a government uses an expansionary fiscal policy to increase GDP, the:
•Question 5
When inflation begins to climb to unacceptable levels in the economy, the government should:
•Question 6
In the national savings and investment identity framework, an inflow of savings from abroad is, by definition, equal to:
•Question 7
If the government initiates an expansionary monetary policy at the same time that its budget deficit decreases, then the interest rate will ______________________.
• Question 8
A reduction in government borrowing can:
•Question 9
When governments are borrowers in financial capital markets, which of the following is least likely to be a possible source of the funds from a macroeconomic point of view?
•Question 10
From a macroeconomic point of view, which of the following is a source of demand for financial capital?
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Answers
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Posted 24 Sep 2019 05:09 AM
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file 1569303416-ECO 100 Week 8 Knowledge Check 8.docx preview (464 words )
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