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Home Search Your Textbook Macroeconomics: Principles, Applications and Tools Chapter 17 Questions

Questions for: Macroeconomics: Principles, Applications and Tools — 7e

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During recessions, unemployment ________ while the budget deficit as a percentage of GDP ________.
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Suppose the government's initial debt is $425 billion. If for the next three years the government ...
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President Obama's stimulus package in 2009 included
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Give an example of income in the United States that is taxed twice.
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The United States is a country with a high saving rate.
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As a result of the large surpluses following the Clinton Administration, what did President George ...
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Define what is meant by capital gains with respect to income and taxation.
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The standard way to measure the effects of debt in an economy is to look at the stock of debt relative to
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An example of a consumption tax is
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A policy where the Federal Reserve focuses only on inflation is called monetarizing inflation.
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Capital gains are the profits earned by investors from the sale of stocks, bonds, real estate, or ...
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A large government debt can reduce the amount of ________ in an economy and reduce future income and ...
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Excessive creation of new money to finance a government budget deficit can lead to
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The sum of all budget deficits and surpluses is known as the
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In the United States there are some methods to save which reduce taxes on savings. These include
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Will consumption taxes lead to more savings? Why or why not?
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What method is used as the standard way to measure the effect of debt in an economy?
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Over short time periods, deficits can help the economy cope with shocks.
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Suppose the government's initial debt is $350 billion and that during the next two years the ...
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The purchase by the central bank of newly created government debt is called "monetizing the deficit."
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