1 mark: 4 When supply-side economists propose cuts in revenue enhancement locates, nearly mainstream economists are likely to take the position that they allow be: assume unmatchable answer. | a. Effective because the bespeak-side do entrust outgo the supply-side effects | | | b. Ineffective because the demand-side effects will preponde evaluate the supply-side effects | | | c. Ineffective because the demand-side and supply-side effects will offset for each genius opposite | | | d. Effective because the supply-side effects will outweigh the demand-side effects | | temper attach for this entryway: 4/4. hesitation 2 label: 4 When titular GDP is $800 i super C thousand and, on average, each dollar is worn-out(a) four clock in the economy over a year, the quantity of opulent demanded for minutes purposes will be: Choose one answer. | a. $cc billion | | | b. $400 billion | | | c. $800 billion | | | d. $3,200 billion | | Correct mark for this submission: 4/4. Question 3 Marks: 4 The Federal funds rate and: Choose one answer. | a. Discount rate are inversely related | | | b. pep pill of money are positively related | | | c. Reserve counterpoise are inversely related | | | d. Prime interest rate are positively related | | Incorrect Marks for this submission: 0/4. Question 4 Marks: 4 An increment in combi will: Choose one answer. | a. Increase the legal proceeding demand and original demand for money | | | b. accrue the transactions demand and fundamental demand for money | | | c. Increase the transactions demand for money yet decrease the numerate demand for money | | | d. Decrease the transactions demand for money but increase the total demand for money | | Correct Marks for this submission: 4/4. Question 5 Marks: 4 In the cost-push model of inflation, increases in nominal-wage judge that exceed increases in the productivity of labor: Choose one answer. | a. Increase marrow supply and the price l! evel in the economy | | | b....If you neediness to get a full essay, lodge it on our website: OrderCustomPaper.com
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