An exogenous rise in government expenditures will have the same effect on GDP as an equal rise in either autonomous ________ or autonomous ________
A) consumption; investment
B) taxes; consumption
C) savings; investment
D) taxes; investment
A
Economics
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The U.S. exports computers with a domestic price of $100,000 and the yen/dollar exchange rate is 120 on January 1, 2003. On January 1, 2004 the yen/dollar exchange rate is 125
What is the yen price of the computers on January 1, 2003? What is the yen price of the computers on January 1, 2004?
Economics
For much of the 1940s, 50s and 60s, macroeconomic policymaking in the U.S. and abroad was dominated by:
a. the ideas advanced in Keynes's General Theory. b. the ideas advanced in Friedman's Monetary History of the U.S. c. the supply-side theories of Arthur Laffer and David Stockman. d. Robert Lucas's theories of business cycles.
Economics