[Answer] 17. What is the primary reason that changes in total spending lead to cyclical changes in output and employment?

Answer: C. Prices are sticky in the short run.
17. What is the primary reason that changes in total spending lead to cyclical changes in output and employment?

Tue Jul 15 2003 14:30:00 GMT-0400 (Eastern Daylight Time) · When the economy has high unemployment an increase in government purchases creates a market for business output creating income and encouraging increases in consumer spending which creates further increases in the demand for …

Deficit reduction in the United States refers to taxation spending and economic policy debates and proposals designed to reduce the Federal budget deficit. Government agencies including the Government Accountability Office (GAO) Congressional …

Causes of unemployment in the United States – Wikipedia

Causes of the Great Recession – Wikipedia

Causes of the Great Recession – Wikipedia

Deficit reduction in the United States – Wikipedia

A stabilization policy is a package or set of measures introduced to stabilize a financial system or economy.The term can refer to policies in two distinct sets of circumstances: business cycle stabilization or credit cycle stabilization. In either case it is a form of discretionary policy.. Business cycle stabilization “Stabilization” can refer to correcting the normal behavior of the …

Tue May 16 2006 14:30:00 GMT-0400 (Eastern Daylight Time) · The early 1980s recession was a severe economic recession that affected much of the world between approximately the start of 1980 and early 1983. It is widely considered to have been the most severe recession since World War II. A key event …

The American Recovery and Reinvestment Act of 2009 (ARRA) (Pub.L. 111–5 (text)) nicknamed the Recovery Act was a stimulus package enacted by the 111th U.S. Congress and signed into law by President Barack Obama in February 2009. Developed in response to the Great Recession the primary objective …

Leave a Reply