Macroeconomics Questions

Fractional reserve banking means that banks can lend out multiples of their deposits

Which of the following market conditions offer the highest value to a potential investor?

Refer to the figure above. Assume the market is originally at point W. Movement to point X is a combination of

The sticky-price theory: Many prices are sticky in the short run due to...

Which of these is not one of the central issues in either the analysis of national economies or/and relationships to the global economy?

Which of the following is not a correct way to measure GDP?

The principle that if the amount of labor and other inputs is held constant, then the greater the amount of capital in use, the less an additional unit of capital adds to production is called the principle of increasing average capital productivity.

voters may choose to remain uninformed about an issue because of

People who often create benefits for the minority and impose the cost on the majority are called

"It would be an undue hardship to require people whose income is below $15,000 per year to pay income taxes." This statement reflects which of the following principles for a tax?

If a person is taxed $100 on an income of $1,000, taxed $180 on an income of $2,000, and taxed $220 on an income of $3,000, this person is paying a

Which of the following categories accounted for the lowest percent of the total federal government expenditures in recent years?

According to the shortsightedness effect, politicians tend to favor projects with

which of the following taxes contributed to the greatest percentage of total federal government tax revenues in recent years

how does total taxes as a % of GDP in the united states compare to those of western European countries, such as the united kingdom, Germany and Sweden.

Assume the marginal propensity to consume (MPC) is 0.75 and the government increases taxes by $250 billion. The aggregate demand curve will shift to the

The interest rate effect is the impact on real GDP caused by the ______________ relationship the price level and the interest rate.

According to the Laffer curve, when the tax rate is 100 percent, tax revenue will be

According to supply-side fiscal policy, reducing tax rates on wages and profits will

In the range of the aggregate supply curve, expansionary fiscal policy causes aggregate to increase, which results in a higher price level and a higher equilibrium level of real GDP.