
ECON MACRO 5th Edition by William McEachern
Edition 5ISBN: 978-1305659094
ECON MACRO 5th Edition by William McEachern
Edition 5ISBN: 978-1305659094 Exercise 11
FISCAL POLICY EFFECTIVENESS Determine whether each of the following would make fiscal policy more effective or less effective:
a. A decrease in the marginal propensity to consume
b. Shorter lags in the effect of fiscal policy
c. Consumers suddenly becoming more concerned about permanent income than about current income
d. More accurate measurement of the natural rate of unemployment
a. A decrease in the marginal propensity to consume
b. Shorter lags in the effect of fiscal policy
c. Consumers suddenly becoming more concerned about permanent income than about current income
d. More accurate measurement of the natural rate of unemployment
Explanation
a. Effect of fiscal policy on decrease i...
ECON MACRO 5th Edition by William McEachern
Why don’t you like this exercise?
Other Minimum 8 character and maximum 255 character
Character 255