Multiple Choice
"If we come to a company's rescue this time,they'll take more risks and we'll have to come to their rescue next time,too." The economist who said this most likely
A) believes that the AS curve is upward-sloping.
B) prefers monetary policy to fiscal policy when it comes to stabilizing the economy.
C) is against bailouts.
D) prefers increases in government spending to tax cuts when it comes to stimulating the economy from the demand side.
E) none of the above
Correct Answer:

Verified
Correct Answer:
Verified
Q3: Suppose that a $10 billion increase in
Q4: There is debate among economists over whether
Q5: Which of the following is an empirical
Q6: If wages are flexible,it is very likely
Q7: Economist B says all of the following:
Q9: If the (average)tax rate falls by 10%
Q10: The Taylor rule is an example of
Q11: "Expansionary fiscal policy is needed to increase
Q12: Which of the following statements is false?<br>A)
Q13: A $300 billion increase in government spending