Which of the following policies does NOT affect the long-term growth rate of a nation?
A: investment tax credits or any other policy that reduces the cost of capital
B: an expansionary fiscal/expansionary monetary policy mix
C: increased funding for primary education
D: incentives to increase saving
E: more funding for research and development
A: investment tax credits or any other policy that reduces the cost of capital
B: an expansionary fiscal/expansionary monetary policy mix
C: increased funding for primary education
D: incentives to increase saving
E: more funding for research and development
举一反三
- According to the assignment rule, which of the following policy mixes<br/>is appropriate for a country with high inflation, a balance of<br/>payments deficit, and fixed exchange rates? ____. A: Expansionary fiscal policy and expansionary monetary policy B: Expansionary fiscal policy and contractionary monetary policy C: Contractionary fiscal policy and expansionary monetary policy D: Contractionary fiscal policy and contractionary monetary policy
- Which of the following is not an example of expansionary monetary policy? A: An open-market purchase of securities B: A reduction in reserve ratio C: A reduction in income tax rates D: A reduction in the discount rate
- When a country ’s balance of payments deficit, what policies can be adopted in order to restore the balance of payments ( ). A: Let the local currency depreciate B: Let the local currency depreciate C: Adopting tight monetary policy D: Let the local currency appreciate E: Taking an expansionary fiscal policy F: Adopting an expansionary monetary policy
- Which of the following is an example of a message topic? A: "To get the board of directors to increase the research and development budget" B: "Competitors spend more than our company does on research and development" C: "Funding for research and development" D: "The research and development budget is inadequate in our competitive marketplace" E: Any of the above
- Which of the following is an effect of expansionary monetary policy A: lower prices. B: lower real output. C: higher employment.