Lesson 8 macro.docx - Lesson 8 Question 1 5 5 points If the...

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Lesson 8 Question 1 5 / 5 points If the Fed decides to implement an expansionary monetary policy, it will __________ the federal funds rate using an open market sale. Question options: raise lower not change raise then lower
Question 2 5 / 5 points Income taxes create a difference between the interest rate paid by companies and received by lenders. These taxes __________ saving, investment, and the growth rate of real GDP.
Question 3 5 / 5 points The percentage deviation of real gross domestic product (GDP. from potential GDP is __________.
Question 4 5 / 5 points A government budget deficit __________ the real interest rate and “crowds out” some private investment, which slows real GDP growth.
Question 5 5 / 5 points Income taxes create a difference between the wage rate paid by companies and received by workers. These taxes __________ both employment and potential GDP. Question options: do not affect
lower encourage, but may not change increase

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