Entries by Hannah Wangui

economists

August 27, 2019 in /by

Question <pre class=”ql-syntax”><span class=”hljs-attribute”>In</span> the long run, most economists agree that a <span class=”hljs-literal”>permanent</span> increase in government spending leads to ________ crowding out of private spending. A. more than complete B. complete C. <span class=”hljs-literal”>no</span> D. partial If the government purchases multiplier equals <span class=”hljs-number”>2</span>, and real GDP is <span class=”hljs-variable”>$14</span> trillion with potential real […]

 

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National Bank

August 26, 2019 in /by

Question 18. The First National Bank of Erie must meet a 5 percent required reserve ratio. If the bank has no excess reserves initially and $5,000 of new cash is deposited in the bank, then the bank can increase its loans by a maximum of: A. $25,000. B. $1,000. C. $4,750. D. $100,000. E. $5,000. 19. […]

 

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Mexican peso

August 26, 2019 in /by

Question 31. If the dollar appreciates against the Mexican peso,A. Mexican imports to the U.S. become more expensive. B. The value of Mexican imports to the United States does not change. C. U.S. exports to Mexico become less expensive. D. U.S. exports to Mexico become more expensive. 32. The short-run Phillips curve will shift if […]

 

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interest rates

August 26, 2019 in /by

Question 26 An increase in interest ratesA. decreases investment spending on machinery, equipment, and factories, but increases consumption spending on durable goods and net exports. B. decreases investment spending on machinery, equipment, and factories, and consumption spending on durable goods, but increases net exports. C. increases investment spending on machinery, equipment, and factories, consumption spending […]

 

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