Question 1

Use "wars of attrition" to explain the debate about deficit reduction.

Accepted Answer

The answer of Use "wars of attrition" to explain the...

Question 2

Suppose a government implements rules that result in a more independent central bank.What effect do you think this more independent central bank will eventually have on money growth and inflation in that country? Explain.

Accepted Answer

The answer of Suppose a government implements rules that result...

Question 3

Balanced budget amendments are believed to be destabilizing.Explain why this is so.

Accepted Answer

The answer of Balanced budget amendments are believed to be...

Question 4

Explain what a PAYGO rule is.

Accepted Answer

The answer of Explain what a PAYGO rule is....

Question 5

Research by Alberto Alesina has documented differences and similarities in the average annual rates of growth in output during each year of Democratic and Republican administrations.Briefly explain what the pattern of these differences and similarities is.

Accepted Answer

The answer of Research by Alberto Alesina has documented differences...

Quiz 21: Should Policy Makers Be Restrained

Use "wars of attrition" to explain the debate about deficit reduction.

Suppose a government implements rules that result in a more independent central bank.What effect do you think this more independent central bank will eventually have on money growth and inflation in that country? Explain.

Balanced budget amendments are believed to be destabilizing.Explain why this is so.

Explain what a PAYGO rule is.

Research by Alberto Alesina has documented differences and similarities in the average annual rates of growth in output during each year of Democratic and Republican administrations.Briefly explain what the pattern of these differences and similarities is.