How could an expansionary fiscal policy increase real GDP and lower the price level?
A) if the aggregate supply increases equals the aggregate demand increase
B) if aggregate supply decreases more than aggregate demand increases
C) if aggregate supply increases more than aggregate demand increases
D) if aggregate supply decreases less than aggregate demand decreases
E) if aggregate supply decreases more than aggregate demand decreases
C
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Which of the following will lead to a decrease in the price of existing bonds?
A) a decrease in the rate of interest B) a reduction in the money supply C) an inward shift in money demand D) a decrease in planned investment spending
Arturo actually values his home at $120,000 and claims he values the home at $120,000. In an eminent domain situation, the government would pay Arturo ________ for his home
A) exactly $120,000 B) more than $120,000 C) less than $120,000 D) the fair market value