Multiple Choice
If the nongovernment share of GDP shifts to the right and the government share of GDP remains constant, then
A) there must be an increase in taxes.
B) the dollar exchange rate must weaken.
C) there must be a decrease in taxes.
D) the interest rate decreases.
E) the interest rate increases.
Correct Answer:
Verified
Correct Answer:
Verified
Q1: A decrease in the United States interest
Q3: All else held constant, interest rates will
Q4: If the dollar appreciates against the Chinese
Q5: Which of the following best describes the
Q6: The consumption share is negatively related to
Q7: If GDP increases, then it is possible
Q8: The steeper the consumption share line, the
Q9: All else being equal, an increase in
Q10: Consumption is less sensitive than investment to
Q11: A tax cut has the same long-run