- University of Washington - Seattle Campus
- Economics 201
- Chapter 11
Last Modified: 2011-06-26
a) the fact that the real rate of interest can never be negative.
b) the fact that the nominal rate of interest can never be negative.
c) the inability of the central bank to create money in that situation.
d) a fall in the MPC.
e) nothing, it is fiscal policy that is crippled.
a) the failure of Congress to act quickly enough.
b) the emergence of chronic deficits that became a focus of concern.
c) the worry that deficits take away savings in the economy that otherwise would be available to finance capital investment.
d) all of the above.
e) none of the above.
GDP = C + I + G + X
C = a + b • Y = a + b • (GDP - T)
Words From Our Students
"StudyBlue is great for studying. I love the study guides, flashcards, and quizzes. So extremely helpful for all of my classes!"
Alice, Arizona State University
"I'm a student using StudyBlue, and I can 100% say that it helps me so much. Study materials for almost every subject in school are available in StudyBlue. It is so helpful for my education!"
Tim, University of Florida
"StudyBlue provides way more features than other studying apps, and thus allows me to learn very quickly! I actually feel much more comfortable taking my exams after I study with this app. It's amazing!"
Jennifer, Rutgers University
"I love flashcards but carrying around physical flashcards is cumbersome and simply outdated. StudyBlue is exactly what I was looking for!"