{[ promptMessage ]}

Bookmark it

{[ promptMessage ]}

rhw5ans - RHW5 1 7 13 10 22 24 26 27 29 33 35 37 38 45 47...

Info icon This preview shows pages 1–3. Sign up to view the full content.

View Full Document Right Arrow Icon
RHW5 1 7 13 10 22 24 26 27 29 33 35 37 38 45 47 48 52 56 57 60 62 64 Final Score Number of Points Number of Students 0 - 7 5 >7 - 14 0 >14 - 21 6 >21 - 28 20 >28 - 35 28 >35 - 42 47 >42 - 49 65 >49 - 56 69 >56 - 63 22 >63 - 67 8 Submissions 270 Total Score Possible 67 Mean 43.87 Median 45 Mode 52 Question1 - Single Correct 1.0 Point Which of the following is an advantage of automatic stabilizers? A The lag for automatic stabilizers is relatively short. B It is much easier to measure the impact of automatic stabilizers compared to the impact of discretionary fiscal policy. C There is virtually no administrative cost to implementing automatic stabilizers. D Because they affect disposable personal income directly, automatic stabilizers act swiftly to reduce the degree of changes in real GDP. UGH – I’D VOTE FOR A, BUT BETTER ANSWER IS THAT THERE IS NO POLITICAL DECISION / IMPLEMENTATION LAG Question7 - Single Correct 1.0 Point The term "crowding out" refers to the phenomenon that occurs when increased government spending
Image of page 1

Info icon This preview has intentionally blurred sections. Sign up to view the full version.

View Full Document Right Arrow Icon