Question 1

In the four-part diagram used to construct the IS curve,the upper right-hand graph depicts

Accepted Answer

A) the IS curve. 
B) the relationship between the interest rate and autonomous planned spending. 
C) determination of real income by the saving function and the demand for autonomous planned spending function. 
D) none of the above. 
A) the IS curve. 
B) the relationship between the interest rate and autonomous planned spending. 
C) determination of real income by the saving function and the demand for autonomous planned spending function. 
D) none of the above.

Question 2

Which of the following defines the multiplier for a change in autonomous taxes?

Accepted Answer

A) -s/c 
B) 1/s 
C) 1/c 
D) -c/s 
A) -s/c 
B) 1/s 
C) 1/c 
D) -c/s

Question 3

Figure 3-4
  
-In Figure 3-4 above,the marginal propensity to consume is

Accepted Answer

A) 500. 
B) 2.5. 
C) 0.6. 
D) 0.4. 
E) 1.5. 
A) 500. 
B) 2.5. 
C) 0.6. 
D) 0.4. 
E) 1.5.

Question 4

Figure 3-6
  
-In Figure 3-6 above,unplanned inventory decreases occur at

Accepted Answer

A) point J. 
B) point K. 
C) point L. 
D) all income levels. 
A) point J. 
B) point K. 
C) point L. 
D) all income levels.

Question 5

Figure 3-6
  
-In Figure 3-6 above,at point J

Accepted Answer

A) there is unplanned inventory investment. 
B) there is unplanned inventory disinvestment. 
C) there is no change in inventory levels. 
D) intended and unintended inventory investment are equal. 
A) there is unplanned inventory investment. 
B) there is unplanned inventory disinvestment. 
C) there is no change in inventory levels. 
D) intended and unintended inventory investment are equal.

Question 6

A fall in the government's budget deficit will lower

Accepted Answer

A) equilibrium GDP and consumption. 
B) consumption and saving. 
C) saving and GDP. 
D) All of the above are correct. 
A) equilibrium GDP and consumption. 
B) consumption and saving. 
C) saving and GDP. 
D) All of the above are correct.

Question 7

Figure 3-2
  
-Refer to the information above.What is the level of unintended inventory investment when income is 850?

Accepted Answer

A) -175 
B) 175 
C) -200 
D) 200 
A) -175 
B) 175 
C) -200 
D) 200

In the four-part diagram used to construct the IS curve,the upper right-hand graph depicts

Which of the following defines the multiplier for a change in autonomous taxes?

Figure 3-4 -In Figure 3-4 above,the marginal propensity to consume is

Figure 3-6 -In Figure 3-6 above,unplanned inventory decreases occur at

Figure 3-6 -In Figure 3-6 above,at point J

A fall in the government's budget deficit will lower

Figure 3-2 -Refer to the information above.What is the level of unintended inventory investment when income is 850?

What Is Macroeconomics

The Measurement of Income,prices,and Unemployment

Strong and Weak Policy Effects in the Is-Lm Model

Financial Markets, financial Regulation, and Economic Instability

The Government Budget, the Government Debt, and the Limitations of Fiscal Policy

International Trade, exchange Rates, and Macroeconomic Policy

Aggregate Demand, aggregate Supply, and the Great Depression

Inflation: Its Causes and Cures

The Goals of Stabilization Policy: Low Inflation and Low Unemployment

The Theory of Economic Growth

The Big Questions of Economic Growth

Money,banks,and the Federal Reserve

The Goals, tools, and Rules of Monetary Policy

The Economics of Consumption Behavior

The Economics of Investment Behavior

New Classical Macro and New Keynesian Macro

Conclusion: Where We Stand

Filters

Exam 3: Income and Interest Rates: the Keynesian Cross Model and the Is Curve

In the four-part diagram used to construct the IS curve,the upper right-hand graph depicts

Which of the following defines the multiplier for a change in autonomous taxes?

Figure 3-4 -In Figure 3-4 above,the marginal propensity to consume is

Figure 3-6 -In Figure 3-6 above,unplanned inventory decreases occur at

Figure 3-6 -In Figure 3-6 above,at point J

A fall in the government's budget deficit will lower

Figure 3-2 -Refer to the information above.What is the level of unintended inventory investment when income is 850?

What Is Macroeconomics

The Measurement of Income,prices,and Unemployment

Strong and Weak Policy Effects in the Is-Lm Model

Financial Markets, financial Regulation, and Economic Instability

The Government Budget, the Government Debt, and the Limitations of Fiscal Policy

International Trade, exchange Rates, and Macroeconomic Policy

Aggregate Demand, aggregate Supply, and the Great Depression

Inflation: Its Causes and Cures

The Goals of Stabilization Policy: Low Inflation and Low Unemployment

The Theory of Economic Growth

The Big Questions of Economic Growth

Money,banks,and the Federal Reserve

The Goals, tools, and Rules of Monetary Policy

The Economics of Consumption Behavior

The Economics of Investment Behavior

New Classical Macro and New Keynesian Macro

Conclusion: Where We Stand

Filters