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Fiscal Policy Video Lessons (31 video lessons)

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Fiscal Policy Questions and Answers (5,724 questions and answers)

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One of the practical issues in the choice of government spending or taxes to change aggregate demand is how large a: a. change in demand we want. b. trade deficit we want. c. budget deficit we want
In our modern economy, the adjustment process necessary to eliminate a recessionary gap is very rapid. True False
In contrast to changes in government spending, tax changes affect spending: a. directly. b. in the same proportion. c. by a greater amount. d. indirectly.
Using appropriate graphs, explain how the following will affect the size of the autonomous expenditure multiplier, other things being constant. (You can use the multiplier formula to assist your ex
Expansionary fiscal policy includes: A. increasing the money supply. B. decreasing government expenditures. C. increasing government expenditures. D. increasing taxes.
Fiscal deficits cause current account deficits. True False
A permanent increase in government purchases has a larger effect on national savings than a temporary increase of the same amount. Use a saving-investment diagram to assess the validity of this sta
Suppose that the U.S. Constitution were amended to include the following: Congress shall establish a central bank that will be responsible for conducting the monetary policy of the United States.
According to the CBO, the output gap peaked at -8% during the current crisis. Using the IS-MP framework, show this as an aggregate demand shock.
As a portion of US GDP, government spending includes: A) Food stamps and welfare checks B) National defense expenditure C) Unemployment benefits D) All of the above

Fiscal Policy Quizzes (54 quizzes)

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Fiscal Stimulus
Government Fiscal Policies
Fiscal & Monetary Policy's Effect on Personal Finance
Fiscal Policy
Characteristics of Fiscal Policy
Stabilization Policy for the Economy
Government Spending and Taxes as Fiscal Policy Tools
Fiscal Policy and its Impact on Unemployment
Expansionary Fiscal Policy
Features Contractionary Fiscal Policy & Aggregate Demand

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