Expansionary fiscal policy normally lowers interest rates. True False The struct

Question

Expansionary fiscal policy normally lowers interest rates. True False The structure deficit is determined by established expenditure-transfer policies and tax rates and independent of the current level of GDP. True False The velocity of circulation is the number of times per year a dollar is spent. True False If deficit spending causes an increase in economic activity. It may, 'crowd in' some potential investment spending. True False To make rational forecasts, your predictions do not have to be correct all of the time.

Explanation / Answer

5) true

6)false

7)true

8) true

9) true,but they have systematic errors

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