Tag: Economics – Others

If a deficit increased from – $100 billion to – $400 billion, fiscal policy would be considered
contractionary
expansionary
tightening
none of these choices are correct

Because a closed economy shuts itself off to technology developed elsewhere, its growth prospects are very likelyMultiple choice question.
enhanced.
diminished.
safeguarded.

Total governmental purchases-federal, state, and local combined-accounted for about what percentage of domestic output in 2020?
15 percent
18 percent
42 percent
27 percent

In regards to time lags as they relate to Fiscal Policy, which lag is possibly the longest and most troublesome?Implementation LagEffectiveness LagLegislative LagData Lag

1 Most ecomomists believe that consumers would be better off if markets were perfectly competitive rather ihan mphopedistically competitive. True False

The function of money that helps assess the opportunity cost of an activity is money’s use as a
medium of exchange
store of value
unit of account
store of debt

Discuss the impact of global business and the trade rules and agreements that govern it. How does this apply to the US tariffs on other countries doing business with us?

Which educational demographic is mostly likely to see economic inequality as a very big problem?Group of answer choicesPostgradCollege gradSome collegeHigh school or less
Group of answer choices
Postgrad
College grad
Some college
High school or less

Research indicates that male entrepreneurs tend to start their first significant venture in their middle 30s, while women entrepreneurs tend to do so in their early 30s.

Question 7Why is compuser fraud ofien much more sifficut to detect than other ypes of fraud?
Because fraud can be commiened in only seconds, leaving letle-to-no evidence.