Tight monetary policy and easy fiscal policy lead to
A) high real interest rates.
B) low real interest rates.
C) roughly unchanged real interest rates.
D) roughly unchanged real interest rates only when Ricardian equivalence holds; otherwise, low real interest rates.
A
Economics
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Trade between two nations:
A) results in the maximization of total production. B) reduces global production. C) leads to a maximization of production in one nation and minimization of production in the other. D) is inefficient compared to when both do not indulge in international trade.
Economics
In 2009, President Obama proposed raising the income tax on those making over $250,000 per year. Discuss the merits of this plan.
What will be an ideal response?
Economics