Which of the following statements are false?

1. Which of the following statements are false?

  1. The Chinese Government owns more than 10% of the outstanding Federal Government debt
  2. The Federal Government plays a significant role in the determination of the amount of US dollars in circulation
  3. The unemployment rate and inflation rate always move in opposite directions from each other

Group of answer choices

a. 1, 2 and 3

b. 2 and 3

c. 1 only

d. 1 and 2

e. 3 only

f. 1 and 3

g. 2 only

2. Which of the following would be an example of an automatic stabilizer?

Group of answer choices

a. The increase in unemployment benefits during a recessionary gap

b. The Fed buying bonds during a recessionary gap

c. The increase in social security benefits as the population ages

d. The government increasing taxes during an inflationary gap

e. The government increases expenditures during times of war

3. Which of the following would shift the aggregate demand curve to the left?

Group of answer choices

a. Decreases in taxes, government purchases or money supply

b. Increases in taxes, increases in government purchases, decreases in money supply

c. Decreases in government purchases, decreases in money supply, increases in taxes

d. Increase in government purchases, money supply or gross private investment

4. Which group of people would be characterized as unemployed?

Group of answer choices

a. those who are unwilling to work

b. those who are too young to work

c. those who are unable to find work

d. those who are unable to work

e. those who did not search for work

PLEASE ANSWER ALL 4 MULTIPLE CHOICES LIKE CHEGG SUGGESTS, I WILL GIVE THUMBS UP

 

In: Economics

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