Macroeconomics

Social insurance programs are ______a . governing body programs intended to hold dear families against economic hardshipsb . private insurance policies to protect families from hardships caused by organization actionsc . private insurance policies that cover gaps in government provided wellness cared . of the aboveWhich of the following is NOT an example of government purchases of goods and servicesa . a national prosecutors salary in a lawsuit against Halliburtonb . new sidewalk for inter distinguish highway I-95c . a surgeons bill reimbursed under the Medicare programd . supply air marshals with laser gunsIf the economy is at say-so breakput , and consumption using up suddenly decreases collectable to a fall in consumer confidence , the let fiscal insurance is ______a . a decrease in government transfersb . an cast up in government spendingc . a decrease in government spendingd . an increase in the money supply to decrease interest ratesTo closing curtain an inflationary gap employing fiscal policy , the government could ______a . overcome cypher allocations to interstate highway maintenanceb . increase federal subsidies to state universitiesc . lower the corporate income tax rated . raise the average make out awarded for a disability pensionGovernments efforts to stabilize the business cycle through and through fiscal policy can destabilize the economy due to the presence of _______a . lags in the process of crafting a budget appropriate to the circumstancesb . a negative interaction between fiscal and monetary policy due to the multiplier effectc . a tendency of prices to motley faster than the interest rated . business cycles that are closely synchronised to the political cycleChanges in taxes and government transfers shift the aggregate inquire curve ______ equal-sized changes in government purchasesa . by more thanb . by exactly as much asc . by less thand .

in inverse proportion toThe presence of automatic stabilizer in government tax revenue that occurs when GDP rises _______a . has no blow on the size of the multiplierb . increases the size of the multiplierc . decreases the size of the multiplierd . may each increase or decrease the size of the multiplierThe budget equilibrium is calculated as ______a . T - G - TRb . T G - TRc . T - G TRd . T G TRThe larger the union of outstanding public debt , ______a . the lower the tax revenue the government would be required to collect b . the lower the spending the government would be able to affordc . the smaller the crowding out of private investment spendingd . the larger the fraction of the federal budget deficit that must be devoted to interest paymentsImplicit liabilities of a government are _______a . bonds held by foreignersb . spending promises , like companionable security benefits , that are effectively debt although no bond is associated with the promisec . debt of a earth adjusted for the price ratiod . the ratio of the debt of a country to its GDPExplanationsSocial insurance programs are government programs set up for the trade protection of families against economic...If you want to get a full essay, order it on our website: Orderessay

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