ECON1102 Macroeconomics-Economy is Determined Primarily

ECON1102 Macroeconomics-Economy is Determined Primarily

$20 Bonus + 25% OFF

Securing Higher Grades Costing Your Pocket?
Book Your Assignment at The Lowest Price
Now!

Students Who Viewed This Also Studied

ECON1102 Macroeconomics

Task:

1) What are the two tools of fiscal policy that governments can use to affect the level of aggregate demand?

A) government spending and taxation

B) government spending and technology improvements

C) taxation and controlling imports

D) taxation and controlling exports

2) A decrease in the personal income tax rate __?__ disposable income which __?__  consumption.

A) increases; increases    C) increases; decreases

B) decreases; decreases    D) decreases; increases

3) What is the reason that Fiscal Policy stabilization policies do not have an immediate effect on an economy?

A) Consumers are slow to catch up on spending.

B) There is a time lag for policies to take effect.

C) Imports come into the country too fast.

D) Exports often are not shipped fast enough.

4) The idea that a $1 increase in infrastructure spending will generate $1.57 in economic growth is a representation of

A) the multiplier effect.    C) an outside lag.

B) an inside lag.              D) an automatic stabilizer.

5) Suppose initially the federal budget is balanced. The economy then enters a period of expansion. What is likely to happen to the federal budget?

A) It will show a surplus.    C) It will show a deficit.

B) It will remain balanced.    D) It will automatically stabilize.

6) Suppose an economy has a balanced federal budget, and a large increase in oil prices plunges the economy into a recession. Tax revenues will ________ and expenditures     on transfer payments will ________, resulting in a budget ________.

A) fall; increase; deficit    C) increase; increase; surplus

B) fall; fall; deficit        D) increase; fall; surplus

7) The supply of money in the U.S. economy is determined primarily by

A) decisions made by the U.S. Treasury.

B) the actions of the Federal Reserve and the banking system.

C) consumers and the banking system.

D) the demand for money in the economy.

8) When money is accepted as payment for a good or service, it is being used as a

A) medium of exchange.    B) store of value.    C) unit of account.

D) a mechanism for transforming current purchases into future purchases. 

ECON1102 Macroeconomics

Answer in Detail


Solved by qualified expert

Get Access to This Answer

Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Hac habitasse platea dictumst vestibulum rhoncus est pellentesque. Amet dictum sit amet justo donec enim diam vulputate ut. Neque convallis a cras semper auctor neque vitae. Elit at imperdiet dui accumsan. Nisl condimentum id venenatis a condimentum vitae sapien pellentesque. Imperdiet massa tincidunt nunc pulvinar sapien et ligula. Malesuada fames ac turpis egestas maecenas pharetra convallis posuere. Et ultrices neque ornare aenean euismod. Suscipit tellus mauris a diam maecenas sed enim. Potenti nullam ac tortor vitae purus faucibus ornare. Morbi tristique senectus et netus et malesuada. Morbi tristique senectus et netus et malesuada. Tellus pellentesque eu tincidunt tortor aliquam. Sit amet purus gravida quis blandit. Nec feugiat in fermentum posuere urna. Vel orci porta non pulvinar neque laoreet suspendisse interdum. Ultricies tristique nulla aliquet enim tortor at auctor urna. Orci sagittis eu volutpat odio facilisis mauris sit amet.

Tellus molestie nunc non blandit massa enim nec dui. Tellus molestie nunc non blandit massa enim nec dui. Ac tortor vitae purus faucibus ornare suspendisse sed nisi. Pharetra et ultrices neque ornare aenean euismod. Pretium viverra suspendisse potenti nullam ac tortor vitae. Morbi quis commodo odio aenean sed. At consectetur lorem donec massa sapien faucibus et. Nisi quis eleifend quam adipiscing vitae proin sagittis nisl rhoncus. Duis at tellus at urna condimentum mattis pellentesque. Vivamus at augue eget arcu dictum varius duis at. Justo donec enim diam vulputate ut. Blandit libero volutpat sed cras ornare arcu. Ac felis donec et odio pellentesque diam volutpat commodo. Convallis a cras semper auctor neque. Tempus iaculis urna id volutpat lacus. Tortor consequat id porta nibh.

Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Hac habitasse platea dictumst vestibulum rhoncus est pellentesque. Amet dictum sit amet justo donec enim diam vulputate ut. Neque convallis a cras semper auctor neque vitae. Elit at imperdiet dui accumsan. Nisl condimentum id venenatis a condimentum vitae sapien pellentesque. Imperdiet massa tincidunt nunc pulvinar sapien et ligula. Malesuada fames ac turpis egestas maecenas pharetra convallis posuere. Et ultrices neque ornare aenean euismod. Suscipit tellus mauris a diam maecenas sed enim. Potenti nullam ac tortor vitae purus faucibus ornare. Morbi tristique senectus et netus et malesuada. Morbi tristique senectus et netus et malesuada. Tellus pellentesque eu tincidunt tortor aliquam. Sit amet purus gravida quis blandit. Nec feugiat in fermentum posuere urna. Vel orci porta non pulvinar neque laoreet suspendisse interdum. Ultricies tristique nulla aliquet enim tortor at auctor urna. Orci sagittis eu volutpat odio facilisis mauris sit amet.

Tellus molestie nunc non blandit massa enim nec dui. Tellus molestie nunc non blandit massa enim nec dui. Ac tortor vitae purus faucibus ornare suspendisse sed nisi. Pharetra et ultrices neque ornare aenean euismod. Pretium viverra suspendisse potenti nullam ac tortor vitae. Morbi quis commodo odio aenean sed. At consectetur lorem donec massa sapien faucibus et. Nisi quis eleifend quam adipiscing vitae proin sagittis nisl rhoncus. Duis at tellus at urna condimentum mattis pellentesque. Vivamus at augue eget arcu dictum varius duis at. Justo donec enim diam vulputate ut. Blandit libero volutpat sed cras ornare arcu. Ac felis donec et odio pellentesque diam volutpat commodo. Convallis a cras semper auctor neque. Tempus iaculis urna id volutpat lacus. Tortor consequat id porta nibh.

Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Hac habitasse platea dictumst vestibulum rhoncus est pellentesque. Amet dictum sit amet justo donec enim diam vulputate ut. Neque convallis a cras semper auctor neque vitae. Elit at imperdiet dui accumsan. Nisl condimentum id venenatis a condimentum vitae sapien pellentesque. Imperdiet massa tincidunt nunc pulvinar sapien et ligula. Malesuada fames ac turpis egestas maecenas pharetra convallis posuere. Et ultrices neque ornare aenean euismod. Suscipit tellus mauris a diam maecenas sed enim. Potenti nullam ac tortor vitae purus faucibus ornare. Morbi tristique senectus et netus et malesuada. Morbi tristique senectus et netus et malesuada. Tellus pellentesque eu tincidunt tortor aliquam. Sit amet purus gravida quis blandit. Nec feugiat in fermentum posuere urna. Vel orci porta non pulvinar neque laoreet suspendisse interdum. Ultricies tristique nulla aliquet enim tortor at auctor urna. Orci sagittis eu volutpat odio facilisis mauris sit amet.

Tellus molestie nunc non blandit massa enim nec dui. Tellus molestie nunc non blandit massa enim nec dui. Ac tortor vitae purus faucibus ornare suspendisse sed nisi. Pharetra et ultrices neque ornare aenean euismod. Pretium viverra suspendisse potenti nullam ac tortor vitae. Morbi quis commodo odio aenean sed. At consectetur lorem donec massa sapien faucibus et. Nisi quis eleifend quam adipiscing vitae proin sagittis nisl rhoncus. Duis at tellus at urna condimentum mattis pellentesque. Vivamus at augue eget arcu dictum varius duis at. Justo donec enim diam vulputate ut. Blandit libero volutpat sed cras ornare arcu. Ac felis donec et odio pellentesque diam volutpat commodo. Convallis a cras semper auctor neque. Tempus iaculis urna id volutpat lacus. Tortor consequat id porta nibh.

10 More Pages to Come in This Document. Get access to the complete answer.

Get online assignment help from the supreme writing company of UK, US and Australia, MyAssignmenthelp.com. No matter if you are a freshman in college or preparing your final year projects, we are there to serve you 360-degree assignment help services. Our 3000+ PhD writers include experts of Management, Engineering, Finance, Programming, Law, Marketing and other significant subjects. MyAssignmenthelp.com customizes your essays, assignments and dissertations exactly the way you need it. Compare with our competitors and judge on our unbeatable price range. MyAssignmenthelp.com makes your academic journey easy with facilities like round the clock assistance, live web chat, Free Turnitin Reports to guarantee 100 percent original work. To get impeccable academic assignment help from K-12 to PhD degree, Place your order now!

More ECON1102 ECON1102 Macroeconomics: Questions & Answers

ECON310-Global Managerial Economics

Assignment Description
Suppose that there are two products: clothing and soda. Both Brazil and the United States produce each product. Brazil can produce 100,000 units of clothing per year and50,000 cans of soda. The United States can produce 65,000 units of clothing per year and 250,000 cans of so …

View Answer

Business Management

Based on the understanding  of the economic  theory  of supply and demand  descibe  why the  price of oil has continued  to fall so much even  though the consumption  of oil has not decreased  substantially …

View Answer

ECO600 Economics and Finance for Business

A training in using economic theories and frameworks in a dynamic, real-life business setting A training in writing a consultant’s research report combining a high degree of realism and creativity, in which you(i) analyse competition in a local industry, propose means of entering it and/or way …

View Answer

Management

Question 1:
 
a) About 50 years ago, Australian cities did not have parking meters and there were plenty of free parking places available. By contract, today there are very few free parking places and one can hardly find parking place. Explain why has this changed occurred and what are the ki …

View Answer

Content Removal Request

If you are the original writer of this content and no longer wish to have your work published on Myassignmenthelp.com then please raise the
content removal request.

Choose Our Best Expert to Help You

Still in Two Minds? The Proof is in Numbers!

33845 Genuine Reviews With a Rating of 4.9/5.

Supply Chain

Home Work: 1.4 Pages, Deadline:
3 days

Well organized and information is up to the mark. I’ll definitely share this platform with my frds also for assignment help

User ID: 8***02 Canada

Marketing

Assignment: 4 Pages, Deadline:
2 days

Good work, one of the tutor did my assignment wrong and the admin assign a new tutor and did the assignment again with priority and for free

User ID: 4***30 Australia

Geography

Essay: 2 Pages, Deadline:
8 days

thanks its good poster i still did not get the poster i hope to get the poster

User ID: 2***0 Saudi Arabia

It Write Up

Assignment: 3 Pages, Deadline:
23 hours

good service, with nice APA style and fast respone chat. The writing is completed before time

User ID: 6***06 Bien Hoa, Vietnam

Healthcare

Assignment: 1 Page, Deadline:
4 days

won’t be graded till I hand in the rest of the work this was just a segment of my assignment I need help with and am very plesased with the outcome

User ID: 8***83 United Kingdom, Great Britain

Psychology

Assignment: 3.2 Pages, Deadline:
7 days

I like the work because you guys completed the work within the time limit even if it has lot of reading.

User ID: 8***70 Surrey, Canada

Psychology

Assignment: 4 Pages, Deadline:
6 days

I like to give you my assignment due to good quality of work and you follow the all instruction .

User ID: 8***70 Surrey, Canada

English

Essay: 2 Pages, Deadline:
10 days

It was good enough to pass the course. I like the way of your work. I want to give more work to you guys.

User ID: 8***70 Surrey, Canada

English

Essay: 3.2 Pages, Deadline:
4 days

This is good content that you have provided in the assignment thank you for your valuable help.

User ID: 8***70 Surrey, Canada

English

Essay: 2.6 Pages, Deadline:
2 days

I like the work due to accuracy and timely manner. I pass the course due to your help

User ID: 8***70 Surrey, Canada

Nursing

Case Study: 3 Pages, Deadline:
3 days

Requested in short time frame. Assignment was completed within less than 2 days. Made a 90!

User ID: 8***49 Surrey, United States

It Write Up

Assignment: 6 Pages, Deadline:
7 days

good timing , all requirements included , formatting as asked , quick responding .

User ID: 3***51 Muscat, Oman

Physics

Home Work: 4 Pages, Deadline:
11 days

Excellent customer service! Really helpful!! Wanted assignment done in 8days and they managed to complete it within 1 day! And was a excellent standar …

User ID: 8***25 United Kingdom, Great Britain

Statistics

Programming: 12 Pages, Deadline:
19 days

I passed sucessfully thank you very much for your helpI really appreciate it…Continue doing your good work

User ID: 5***27 United Kingdom, Great Britain

Maths

Course Work: 2 Pages, Deadline:
9 days

This assignment was completed as per instructions. All questions were answered neatly etc.

User ID: 2***50 Kitchener, Canada

Management

Thesis: 7.2 Pages, Deadline:
4 days

I was impressed with the services and hope to use them again, just what I wanted at the right time.

User ID: 8***95 United Kingdom, Great Britain

Marketing

Case Study: 6.4 Pages, Deadline:
2 days

Will wait for the lecturer remarks. I have just submitted the work. I hope it is standard since I am using the service for the first time. Impressed w …

User ID: 6***78 United Kingdom, South Africa

Assignment

Essay: 3 Pages, Deadline:
5 days

I always take help from myassignmenthelp. I have no regrets as every time they provide high quality help and they provide good discounts as well.

User ID: 1***63 Longford, Australia

Operations

Assignment: 3 Pages, Deadline:
8 days

Good job, I am happy with the amazing services and completed work given. Thank you very much for helping me receive a good mark. Will definitely work …

User ID: 2***91 Kuala Lumpur, Malaysia

English

Thesis: 3 Pages, Deadline:
2 days

The most satisfying essay I’ve ever received. It covers all parts that I’ve mentioned at the beginning. Thanks a lot pal

User ID: 3***95 United Kingdom, Great Britain

Supply Chain

Home Work: 1.4 Pages, Deadline:
3 days

Well organized and information is up to the mark. I’ll definitely share this platform with my frds also for assignment help

User ID: 8***02 Canada

Marketing

Assignment: 4 Pages, Deadline:
2 days

Good work, one of the tutor did my assignment wrong and the admin assign a new tutor and did the assignment again with priority and for free

User ID: 4***30 Australia

Geography

Essay: 2 Pages, Deadline:
8 days

thanks its good poster i still did not get the poster i hope to get the poster

User ID: 2***0 Saudi Arabia

It Write Up

Assignment: 3 Pages, Deadline:
23 hours

good service, with nice APA style and fast respone chat. The writing is completed before time

User ID: 6***06 Bien Hoa, Vietnam

Healthcare

Assignment: 1 Page, Deadline:
4 days

won’t be graded till I hand in the rest of the work this was just a segment of my assignment I need help with and am very plesased with the outcome

User ID: 8***83 United Kingdom, Great Britain

Psychology

Assignment: 3.2 Pages, Deadline:
7 days

I like the work because you guys completed the work within the time limit even if it has lot of reading.

User ID: 8***70 Surrey, Canada

Psychology

Assignment: 4 Pages, Deadline:
6 days

I like to give you my assignment due to good quality of work and you follow the all instruction .

User ID: 8***70 Surrey, Canada

English

Essay: 2 Pages, Deadline:
10 days

It was good enough to pass the course. I like the way of your work. I want to give more work to you guys.

User ID: 8***70 Surrey, Canada

English

Essay: 3.2 Pages, Deadline:
4 days

This is good content that you have provided in the assignment thank you for your valuable help.

User ID: 8***70 Surrey, Canada

English

Essay: 2.6 Pages, Deadline:
2 days

I like the work due to accuracy and timely manner. I pass the course due to your help

User ID: 8***70 Surrey, Canada

Nursing

Case Study: 3 Pages, Deadline:
3 days

Requested in short time frame. Assignment was completed within less than 2 days. Made a 90!

User ID: 8***49 Surrey, United States

It Write Up

Assignment: 6 Pages, Deadline:
7 days

good timing , all requirements included , formatting as asked , quick responding .

User ID: 3***51 Muscat, Oman

Physics

Home Work: 4 Pages, Deadline:
11 days

Excellent customer service! Really helpful!! Wanted assignment done in 8days and they managed to complete it within 1 day! And was a excellent standar …

User ID: 8***25 United Kingdom, Great Britain

Statistics

Programming: 12 Pages, Deadline:
19 days

I passed sucessfully thank you very much for your helpI really appreciate it…Continue doing your good work

User ID: 5***27 United Kingdom, Great Britain

Maths

Course Work: 2 Pages, Deadline:
9 days

This assignment was completed as per instructions. All questions were answered neatly etc.

User ID: 2***50 Kitchener, Canada

Management

Thesis: 7.2 Pages, Deadline:
4 days

I was impressed with the services and hope to use them again, just what I wanted at the right time.

User ID: 8***95 United Kingdom, Great Britain

Marketing

Case Study: 6.4 Pages, Deadline:
2 days

Will wait for the lecturer remarks. I have just submitted the work. I hope it is standard since I am using the service for the first time. Impressed w …

User ID: 6***78 United Kingdom, South Africa

Assignment

Essay: 3 Pages, Deadline:
5 days

I always take help from myassignmenthelp. I have no regrets as every time they provide high quality help and they provide good discounts as well.

User ID: 1***63 Longford, Australia

Operations

Assignment: 3 Pages, Deadline:
8 days

Good job, I am happy with the amazing services and completed work given. Thank you very much for helping me receive a good mark. Will definitely work …

User ID: 2***91 Kuala Lumpur, Malaysia

English

Thesis: 3 Pages, Deadline:
2 days

The most satisfying essay I’ve ever received. It covers all parts that I’ve mentioned at the beginning. Thanks a lot pal

User ID: 3***95 United Kingdom, Great Britain

Have any Query?

QUALITY: 100% ORIGINAL PAPER – NO PLAGIARISM – CUSTOM PAPER