08 Jun Question which of the following conditions describes a recessionary gap?
a. the short-run equilibrium level of real GDP is above the long-run level of real GDP.
b. the short-run equilibrium level of GDP is below the long-run level of real GDP
c. the actual interest rate is above equilibrium interest rate.
d. the actual interest rate is below the equilibrium interest rate.
2. one part of the supply-side argument is that
a. lower marginal tax rates are required to induce Congress to reduce government spending
c. lower marginal tax rate should be set at 50 percent.
b. lower marginal tax rates can increase total tax revenues
d. the relevant aggregate supply curve is close to horizontal
3. the period between the recognition of a problem and the implementation of a policy to solve the problem is
a. recognition lag
b. the action time lag
c. the effect time lag
d. the fine tuning lag
Our website has a team of professional writers who can help you write any of your homework. They will write your papers from scratch. We also have a team of editors just to make sure all papers are of HIGH QUALITY & PLAGIARISM FREE. To make an Order you only need to click Ask A Question and we will direct you to our Order Page at WriteDemy. Then fill Our Order Form with all your assignment instructions. Select your deadline and pay for your paper. You will get it few hours before your set deadline.
Fill in all the assignment paper details that are required in the order form with the standard information being the page count, deadline, academic level and type of paper. It is advisable to have this information at hand so that you can quickly fill in the necessary information needed in the form for the essay writer to be immediately assigned to your writing project. Make payment for the custom essay order to enable us to assign a suitable writer to your order. Payments are made through Paypal on a secured billing page. Finally, sit back and relax.
About Writedemy
We are a professional paper writing website. If you have searched a question and bumped into our website just know you are in the right place to get help in your coursework. We offer HIGH QUALITY & PLAGIARISM FREE Papers.
How It Works
To make an Order you only need to click on “Order Now” and we will direct you to our Order Page. Fill Our Order Form with all your assignment instructions. Select your deadline and pay for your paper. You will get it few hours before your set deadline.
Are there Discounts?
All new clients are eligible for 20% off in their first Order. Our payment method is safe and secure.