Question 1

During which of the following decades was the debt-to-GDP ratio generally highest in the United States?

Accepted Answer

A) 1930s 
B) 1940s 
C) 1960s 
D) 1980s 
E) 1990s 
A) 1930s 
B) 1940s 
C) 1960s 
D) 1980s 
E) 1990s

Question 2

First,what can be done to increase central bank credibility? Second,why is central bank credibility important?

Accepted Answer

Central bank credibility can be achieved

Question 3

What were some of the key features in terms of fiscal policy of the Stability and Growth Pact signed in 1997 by would-be members of the Euro?

Accepted Answer

The Stability and Growth pact: (1)commit

Question 4

In 1994,Republicans introduced their "Contract with America." This plan

Accepted Answer

A) included a PAYGO rule. 
B) would restrict the ability of monetary policy to affect the economy in the short run. 
C) included a line item veto. 
D) would make the Federal Reserve even more independent than it already is. 
E) all of the above 
A) included a PAYGO rule. 
B) would restrict the ability of monetary policy to affect the economy in the short run. 
C) included a line item veto. 
D) would make the Federal Reserve even more independent than it already is. 
E) all of the above

Question 5

Suppose an elected official wishes to introduce a new government program.Under a PAYGO rule,this new program would be adopted only if

Accepted Answer

A) the budget deficit is reduced by the same amount as the costs of the new program. 
B) the budget deficit is reduced by half the amount of the costs of the new program. 
C) the new program does not result in an increase in the current or future budget deficit. 
D) none of the above 
A) the budget deficit is reduced by the same amount as the costs of the new program. 
B) the budget deficit is reduced by half the amount of the costs of the new program. 
C) the new program does not result in an increase in the current or future budget deficit. 
D) none of the above

During which of the following decades was the debt-to-GDP ratio generally highest in the United States?

First,what can be done to increase central bank credibility? Second,why is central bank credibility important?

What were some of the key features in terms of fiscal policy of the Stability and Growth Pact signed in 1997 by would-be members of the Euro?

In 1994,Republicans introduced their "Contract with America." This plan

Suppose an elected official wishes to introduce a new government program.Under a PAYGO rule,this new program would be adopted only if

A Tour of the World

A Tour of the Book

The Goods Market

Financial Markets

Goods and Financial Marketsthe Is-Lm Model

The Labor Market

Putting All Markets Togetherthe As-Ad Model

The Phillips Curve,the Natural Rate of Unemployment,and Inflation

The Crisis

The Facts of Growth

Saving,capital Accumulation,and Output

Technological Progress and Growth

Technological Progress: the Short,the Medium,and the Long Run

Expectations: the Basic Tools

Financial Markets and Expectations

Expectations,consumption,and Investment

Expectations,output,and Policy

Openness in Goods and Financial Markets

The Goods Market in an Open Economy

Output,the Interest Rate,and the Exchange Rate

Exchange Rate Regimes

Fiscal Policy: a Summing up

Monetary Policy: a Summing up

Epilogue: the Story of Macroeconomics

an Introduction to National Income and Product Accounts

an Introduction to Econometrics

Filters

Exam 22: Should Policy Makers Be Restrained

During which of the following decades was the debt-to-GDP ratio generally highest in the United States?

First,what can be done to increase central bank credibility? Second,why is central bank credibility important?

What were some of the key features in terms of fiscal policy of the Stability and Growth Pact signed in 1997 by would-be members of the Euro?

In 1994,Republicans introduced their "Contract with America." This plan

Suppose an elected official wishes to introduce a new government program.Under a PAYGO rule,this new program would be adopted only if

A Tour of the World

A Tour of the Book

The Goods Market

Financial Markets

Goods and Financial Marketsthe Is-Lm Model

The Labor Market

Putting All Markets Togetherthe As-Ad Model

The Phillips Curve,the Natural Rate of Unemployment,and Inflation

The Crisis

The Facts of Growth

Saving,capital Accumulation,and Output

Technological Progress and Growth

Technological Progress: the Short,the Medium,and the Long Run

Expectations: the Basic Tools

Financial Markets and Expectations

Expectations,consumption,and Investment

Expectations,output,and Policy

Openness in Goods and Financial Markets

The Goods Market in an Open Economy

Output,the Interest Rate,and the Exchange Rate

Exchange Rate Regimes

Fiscal Policy: a Summing up

Monetary Policy: a Summing up

Epilogue: the Story of Macroeconomics

an Introduction to National Income and Product Accounts

an Introduction to Econometrics

Filters