macro sheflin quiz 3

macro sheflin quiz 3 - Review Assessment quiz 3 Name Status...

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Review Assessment: quiz 3 Name: quiz 3 Status: Completed Score: 9.5 out of 10 point(s) Time Elapsed: 10 minutes and 29 seconds out of 20 minutes allowed. Instructions: Question 1 Multiple Choice 0.5 of 0.5 point(s) According to liquidity preference theory, the money supply curve is Your Answer: vertical. Correct Answer: vertical. Question 2 Multiple Choice 0.5 of 0.5 point(s) In the short run an increase in government expenditures Your Answer: raises real GDP and the price level. Correct Answer: raises real GDP and the price level. Question 3 Multiple Choice 0.5 of 0.5 point(s) The positive feedback from aggregate demand to investment is called Your Answer: the investment accelerator. Correct Answer: the investment accelerator. Question 4 Multiple Choice 0.5 of 0.5 point(s) Opponents of active stabilization policy Your Answer: believe that the political process creates lags in the implementation of fiscal policy. Correct Answer: believe that the political process creates lags in the implementation of fiscal policy. Question 5 Multiple Choice
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This note was uploaded on 09/26/2008 for the course ECONOMICS 103 taught by Professor Sheflin during the Spring '08 term at Rutgers.

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macro sheflin quiz 3 - Review Assessment quiz 3 Name Status...

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