ECON312 Week 6 Quiz New (2019) – 20 Questions – Full Score – Study Guide – Perfect Solution

Lab Price = $9
Please feel free to send us your queries at: support@iqrajavaid.com
P.S: This is just a study guide. The questions may not appear exactly like this.
The answers are perfect as that is the instructor’s explanation So please donot copy and get help from it.
Payment methods

Add to Cart

Buy Now

View Cart


Problem Statement
1. One advantage of automatic fiscal policy over discretionary fiscal policy is that automatic fiscal policy
a. makes the actual budget a better reflection of the condition of the economy than the standardized budget.
b. does not produce a cyclical deficit, as discretionary policy does.
c. is not subject to the timing problems of discretionary policy.
d. has a greater multiplier effect than discretionary policy.

2. When the Federal government cuts taxes and increases spending to stimulate the economy during a period of recession, such actions are design to be
a. passive.
b. automatic.
c. countercyclical.
d. nondiscretionary.

3. If the economy is in a recession and prices are relatively stable, then the discretionary fiscal policy or policies that would most likely be recommended to correct this macroeconomic problem would be
a. increased government spending or increased taxation, or a combination of the two actions.
b. increased government spending or decreased taxation, or a combination of the two actions.
c. increased government spending or increased taxation, but not a combination of the two actions.
d. decreased government spending or decreased taxation, or a combination of the two actions.

4. Most economists believe that fiscal policy is
a. better than monetary policy for “fine-tuning” the economy.
b. better than monetary policy for month-to-month stabilization.
c. not as good as monetary policy for month-to-month stabilization.
d. not very good at pushing the economy in a particular direction.

5. Which of the following fiscal policy changes would be the most contractionary?
a. a $40 billion increase in taxes
b. a $10 billion increase in taxes and a $30 billion cut in government spending
c. a $20 billion increase in taxes and a $20 billion cut in government spending
d. a $30 billion increase in taxes and a $10 billion cut in government spending

















Relevant Material
Instructions
* If you want to purchase multiple products then click on “Buy Now” button which will give you ADD TO CART option.Please note that the payment is done through PayPal.
* You can also use 2CO option if you want to purchase through Credit Cards/Paypal but make sure you put the correct billing information otherwise you wont be able to receive any download link.
* Your paypal has to be pre-loaded in order to complete the purchase or otherwise please discuss it with us at support@iqrajavaid.com.
* As soon as the payment is received, download link of the solution will automatically be sent to the address used in selected payment method.
* Please check your junk mails as the download link email might go there and please be patient for the download link email. Sometimes, due to server congestion, you may receive download link with a delay.
* All the contents are compressed in one zip folder.
* In case if you get stuck at any point during the payment process, please immediately contact us at support@iqrajavaid.com and we will fix it with you.
* We try our best to reach back to you on immediate basis. However, please wait for atleast 8 hours for a response from our side. Afterall, we are humans.
* Comments/Feedbacks are truely welcomed and there might be some incentives for you for the next lab/quiz/assignment.
* In case of any query, please donot hesitate to contact us at support@iqrajavaid.com.
* MOST IMPORTANT Please use the tutorials as a guide and they need NOT to be used for any submission. Just take help from the material.
******************************************** Good Luck ***************************************************
Privacy Policy
We take your privacy seriously and will take all measures to protect your personal information.
Any personal information received will only be used to fill your order. We will not sell or redistribute your information to anyone.
Refund Policy
Incase you face any issues with the tutorial, please free to contact us on support@iqrajavaid.com
We will try our best to resolve the issue and if still persists we can discuss for a refund in case its required.
Lab Price = $9
Please feel free to send us your queries at: support@iqrajavaid.com

Payment methods

Add to Cart

Buy Now

View Cart

Leave a Reply