The sharp increase in the percentage of government purchases to GDP in Kuwait in 1991 is due to________
A) the Kuwaiti government was trying to be the highest GCC country in terms of government purchases.
B) a revolution by the youth of Kuwait demanding more government purchases.
C) the Gulf War at the time.
D) None of the above.
Correct Answer:
Verified
Q1: Which of the following is not a
Q2: You would expect less fluctuation in the
Q4: Transfer payments include _
A) government aid to
Q5: Stabilization policy is used by the government
Q6: Fiscal policy is determined by the
A) the
Q7: Suppose real GDP is $12.1 trillion and
Q8: The central bank Reserve plays a larger
Q9: Timing stabilization policy is easier using monetary
Q10: According to economist Christopher Ruhm, during recessions
Q11: The government debt equals
A) the accumulation of
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents