These answers are not the correct ones, I dont know if they are correct; please
ID: 1091884 • Letter: T
Question
These answers are not the correct ones, I dont know if they are correct; please give me the right answers, please see my other questions, thank you
Government spending and taxation rules that serve to automatically dampen swings of the business cycle are known as discretionary monetary policy. automatic stabilizers. growth multipliers. discretionary fiscal policy. In 2008, Ben Bernanke, the Federal Reserve Chairman, faced: a healthy booming economy and used fine-tuning methods to keep the growing economy on track. hyperinflation and used strong disinflationary policies to bring the rise in prices under control. the threat of stagflation, and had a difficult time stabilizing the economy as stabilization policies are less effective in managing negative supply shocks, a deep recession with falling prices and used stabilization policies to take the economy out of the slump. If the economy is currently experiencing an inflationary gap, then an expansionary fiscal policy can restore real GDP to the level of potential output. then the level of real GDP at the current short-run macroeconomic equilibrium is above the level of real GDP at the long-run macroeconomic equilibrium. then the current short-run macroeconomic equilibrium is the same as the long-run macroeconomic equilibrium. then the level of real GDP at the current short-run macroeconomic equilibrium is below the level of real GDP at the long-run macroeconomic equilibrium. The short run in macroeconomic analysis is a period: in which wages become fully flexible. of 2 months, and the long run is a period greater than 12 months. in which many production costs can be taken as fixed. in which interest rates are Fixed.Explanation / Answer
43. B
44. D
45. B
46. C
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