Suppose there is a fiscal expansion in the current period. This fiscal expansion will tend to cause a smaller increase in current output when
A) an increase in current output causes an increase in expected future output.
B) an increase in the current interest rate causes expectations of expansionary monetary policy in the future.
C) an increase in the current interest rate causes an increase in expected future interest rates.
D) both A and B
E) all of the above
C
Economics
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________ is an odorless and colorless gas, a product of the combustion of fossil fuels and burning wood. It is a leading cause of accidental poisoning in the U.S
a. Radon b. Carbon monoxide (CO) c. Nitrogen dioxide d. Sulfur dioxide
Economics
Under what conditions will the official measure of the budget deficit be greater than, less than, or equal to the correct measure of the budget deficit
What will be an ideal response?
Economics