Question 1

If the MPC is 0.8,the spending multiplier is 4.

Accepted Answer

A) True 
 B)False

Question 2

If the government issues securities in order to finance current consumption,then:

Accepted Answer

A) it may be a burden to future generations if the securities were bought by foreign interests. 
B) it may be a burden as current generations need to pay for the interest repayments without any improvement in the country's productive capacity. 
C) it will not be a burden if the securities were bought by foreign interests. 
D) it will not be a burden if the debt is held domestically. 
A) it may be a burden to future generations if the securities were bought by foreign interests. 
B) it may be a burden as current generations need to pay for the interest repayments without any improvement in the country's productive capacity. 
C) it will not be a burden if the securities were bought by foreign interests. 
D) it will not be a burden if the debt is held domestically.

Question 3

The following is important when interpreting the federal budget:

Accepted Answer

A) The wages in a specific industry. 
B) The introduction of competition in the markets. 
C) Onlythe total deficit/surplus figure. 
D) The actual pattern of expenditure and revenue in attrition to the deficit/surplus figure. 
A) The wages in a specific industry. 
B) The introduction of competition in the markets. 
C) Onlythe total deficit/surplus figure. 
D) The actual pattern of expenditure and revenue in attrition to the deficit/surplus figure.

If the MPC is 0.8,the spending multiplier is 4.

If the government issues securities in order to finance current consumption,then:

The following is important when interpreting the federal budget:

Thinking like an economist

Production possibilities and opportunity cost

Market demand and supply

Markets in action

Elasticity of demand and supply

Production costs

Perfect competition

Monopoly

Monopolistic competition and oligopoly

Policy issues: resource taxes and climate change

Measuring the size of the economy

Business cycles and economic growth

Inflation and unemployment

A simple model of the macro economy

The monetary and financial system

Macroeconomic policy I: monetary policy

International trade and finance

Applying graphs to economics

Filters

Exam 17: Macroeconomic policy II: fiscal policy

If the MPC is 0.8,the spending multiplier is 4.

If the government issues securities in order to finance current consumption,then:

The following is important when interpreting the federal budget:

Thinking like an economist

Production possibilities and opportunity cost

Market demand and supply

Markets in action

Elasticity of demand and supply

Production costs

Perfect competition

Monopoly

Monopolistic competition and oligopoly

Policy issues: resource taxes and climate change

Measuring the size of the economy

Business cycles and economic growth

Inflation and unemployment

A simple model of the macro economy

The monetary and financial system

Macroeconomic policy I: monetary policy

International trade and finance

Applying graphs to economics

Filters