ECO 302 Week 9 Quiz
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ECO 302 Week 9 Quiz
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ECO 302 Week 9 Quiz Strayer
Question 1
5 out of 5 points
If the government reduces taxes by $1 this year without raising taxes or printing more money, then
Answer
Question 2
5 out of 5 points
The major peaks in the ratio of public debt to GDP in the U.S. reflect
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Question 3
5 out of 5 points
If households ignore effects on future generations, a pay as you go social security system:
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Question 4
5 out of 5 points
Households may feel wealthier due to a tax cut, if:
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Question 5
5 out of 5 points
The governments uses of funds include:
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Question 6
5 out of 5 points
The governments sources of funds include:
Answer
Question 7
5 out of 5 points
If the time path of government purchases does not change and the government cuts current assets income taxes, then:
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Question 8
5 out of 5 points
If the time path of government purchases does not change and the government cuts current labor income taxes, then:
Answer
Question 9
5 out of 5 points
In a business cycle recession, the debt-to-GDP ratio typically
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Question 10
5 out of 5 points
If currently alive households take full account of the negative affects of a pay as you go social security system on their descendants, then the:
Answer
Question 11
5 out of 5 points
An open-market operation in which the Federal Reserve purchases bonds will
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Question 12
0 out of 5 points
In a business cycle recession, the debt-to-GDP ratio typically
Answer
Question 13
5 out of 5 points
In the price-misperceptions model, a rise in the nominal wage rate makes the supply curve of labor, in the short run,
Answer
Question 14
5 out of 5 points
In the price-misperceptions model, an increase in the price level in the long-run
Answer
Question 15
0 out of 5 points
If the nominal wage is $10 per hour and the expected price level is 5 and the actual price level is 4, then:
Answer
Question 16
5 out of 5 points
In the price-misperceptions model, market prices of goods, wage rates, and rental prices
Answer
Question 17
0 out of 5 points
In the price-misperceptions model, an increase in the price level will, in the short run,
Answer
Question 18
5 out of 5 points
A monetary policy rule is when the monetary authority:
Answer
Question 19
0 out of 5 points
In the price-misperceptions model, an increase in the price level in the short run,
Answer
Question 20
0 out of 5 points
Monetary policy can affect real variables in the short run if monetary policy:
Answer
Question 21
0 out of 5 points
In the price-misperceptions model, a rise in the real wage rate makes the demand curve for labor, in the short run, to
Answer
Question 22
0 out of 5 points
One reason for preferring a rule for monetary policy is that a rule
Answer
Question 23
0 out of 5 points
If the nominal wage is $10 per hour and the expected price level is 2 and the actual price level is 4, then:
Answer
Question 24
5 out of 5 points
An increase in the money supply:
Answer Q
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