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Question Not yet answeredMarked out of 1.00Flag questionQuestion textWhich of the following statements is correct?7Select one:a. The IS curve slopes down because a higher interest rate leads to a lower incomeb.The IS curve slopes down because a higher income leads to a lower interest ratec. The IS curve slopes up because a higher income leads to a higher interest rated. The IS curve slopes up because a higher interest rate leads to a higher income
Question Not yet answeredMarked out of 1.00Flag questionQuestion textThe classical approach to macroeconomics assumes that8
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Marked out of 1.00Flag questionQuestion textA firm should invest more if Tobin's q
Question 10Not yet answeredMarked out of 1.00Flag questionQuestion textThe Ricardian equivalence proposition suggests that a government deficit caused by a tax cut
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Flag questionQuestion textI,The term public sector deficit refers to expenditure (consumption, investment, transfers and interest payments) minus income (mainly taxes) of the public sector. II, A central objective for central banks is stability of the financial system. This means that central banks should help to make the system of payments and credit supply function wellSelect one:a. Both (I) and(II) are Falseb.(I) is False,(II) is Truec. (I) is True,(II) is Falsed. Both (I) and(II) are True
Question 12Not yet answeredMarked out of 1.00Flag questionQuestion textA set of ideas about the economy that have been organized in a logical framework is called
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