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Question: Discretionary monetary policy was more frequently employed than discretionary fiscal policy in the two decades following World War II because
a. monetary policy could be altered without Congressional action.
b. economists did not yet believe in the effectiveness of fiscal policy.
c. inflation was not yet seen as a problem.
d. monetary policy was thought to be capable of raising output while holding down prices.
e. economic conditions did not seem to require any use of fiscal policy tools during this period.
According to Mr. Gillam, the representative from the power company E.ON UK, European businesses emit about how many tons of carbon dioxide per year?
Identifying Use a graphic organizer like the one below to identify the characteristics of imperfect competition.
in a command or planned economy the government not the market regulates the factors of production and economic
Instead of the tax per bottle, suppose that the government imposes a tax on Placebo of $10,000 regardless of how many bottles are produced. How does this tax affect Placebo’s price, quantity, and profits? Explain.
List the three facts about the term structure of interest rates. Select a period and print a plotof an upward yield curve. Make comments using the theories you studied about the term structure of interest rates.
But is there a point at which the increase in class size interferes with learning? What about such qualitative measures as performance of subject being taught?
Some large coal-burning power plants are located at the mouth of a mine and have been designed to burn coal specifically extracted from that mine.
Suppose that Bert and Ernie each have 6 hours of labor that they can use to produce Cookies and Pies. Draw a graph that represents Bert's PPF measuring cookies on the vertical axis and pies on the horizontal axis. Draw a second graph that represen..
What is the budgeted accounts receivable balance from July sales on July 31?
Between 1830 and 1890, the height of the average adult male in the United States declined by about two inches at the same time that average incomes more than tripled. Did the standard of living in the United States increase during this period? Wha..
Why do some low-wage countries, such as China, pose a threat to manufacturers in industrial countries, such as the United States, whereas other low-wage.
suppose two entities are considering collusion - to make things legal consider a situation similar to opec except
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