ECO 203 Week 3 Quiz (4 Set)
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ECO 203 Week 3 Quiz (4 Set)

This Tutorial was purchased 8 times & rated A+ by student like you.

 

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This Tutorial contains 4 Set of Week 1 Quiz (All Questions Listed Below) ECO 203 Week 3 Quiz 1 1. Question : In a macroeconomic equilibrium, 2. Question : A progressive tax taxes each individual 3. Question : Supply-side tax cuts are aimed primarily at encouraging 4. Question : Keynes believed that the correct role for government during a depression was to 5. Question : The largest source of income for state governments is 6. Question : Before Keynes, most economists and politicians believed in 7. Question : Say's law states that supply creates its own demand because 8. Question : The national debt 9. Question : In the classical model, the economy will tend toward full employment because of 10. Question : The length of time it takes to realize that there is an economic problem is called SET 2 1. Question : A progressive tax taxes each individual 2. Question : In the classical model, the supply of loanable funds is 3. Question : Which of the following is the largest source of funds for the federal government? 4. Question : The length of time it takes to realize that there is an economic problem is called 5. Question : If the equilibrium level of national income is less than the desired level of national income, then 6. Question : Keynes argued that planned saving was 7. Question : Why do deficits persist even during the expansionary phase of the business cycle? 8. Question : The largest single item in the federal budget is 9. Question : Before Keynes, most economists and politicians believed in 10. Question : The national debt is a burden on future generations if ECO 203 week 3 Quiz 3 1. Question : A laissez-faire attitude toward most markets is most closely associated with 2. Question : Imports are 3. Question : A structural deficit 4. Question : In the classical model, the supply of loanable funds is 5. Question : Fiscal policy is different in an open economy than in a closed economy because 6. Question : The national debt 7. Question : The Investment Tax Credit 8. Question : The federal income tax is 9. Question : The measure that shows how much of the deficit is due to a downturn in economic activity is 10. Question : If taxes are cut, then consumption ECO 203 Week 3 Quiz 1. Question : The Investment Tax Credit 2. Question : A structural deficit 3. Question : The national debt is a burden on future generations if 4. Question : Fiscal policy is different in an open economy than in a closed economy because 5. Question : A laissez-faire attitude toward most markets is most closely associated with 6. Question : In the Keynesian view, the primary purpose of fiscal policy is to 7. Question : Before Keynes, most economists and politicians believed in 8. Question : Opponents of discretionary fiscal policy believe that it 9. Question : In the classical model, the supply of loanable funds is 10. Question : The length of time it takes to realize that there is an economic problem is called Week 3 Quiz Set 4 1. Question : The time between the legislation of fiscal policy and its effect on output and employment is called 2. Question : The federal income tax is 3. Question : The largest single item in the federal budget is 4. Question : The Investment Tax Credit 5. Question : The measured deficit would be larger if 6. Question : Opponents of discretionary fiscal policy believe that it 7. Question : Keynes blamed economic downturns primarily on 8. Question : Keynes argued that planned saving was 9. Question : A structural deficit 10. Question : When aggregate planned expenditure falls short of potential output, the economy experiences

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