SEM108 2025/04 Tee Chee Lip
Looking for SEM108 2025/04 Tee Chee Lip test answers and solutions? Browse our comprehensive collection of verified answers for SEM108 2025/04 Tee Chee Lip at l.xmu.edu.my.
Get instant access to accurate answers and detailed explanations for your course questions. Our community-driven platform helps students succeed!
Investment goods as measured in the GDP are purchased by:
0%
✅
❌
0%
View this question
The government raises lump-sum taxes on income by $100 billion, and the neoclassical economy adjusts so that output does not change. If the marginal propensity to consume is 0.6, private saving:
❌
✅
0%
0%
View this question
Crowding out occurs when an increase in government spending ______ the interest rate and investment ______.
❌
❌
❌
✅
View this question
Assume that consumption does not depend on the interest rate. In this case, when there is a technological advance that leads to an increase in investment demand:
0%
❌
✅
0%
View this question
The government raises lump-sum taxes on income by $100 billion, and the neoclassical economy adjusts so that output does not change. If the marginal propensity to consume is 0.6, investment:
❌
✅
❌
❌
View this question
The demand for loanable funds is equivalent to:
✅
❌
❌
❌
View this question
The total income of everyone in the economy adjusted for the level of base year prices is called:
❌
❌
✅
❌
View this question
In the neoclassical model with fixed income, if there is a decrease in government spending with no change in taxes, then public saving ______ and private saving ______.
❌
❌
✅
❌
View this question
Assume that an increase in consumer confidence raises consumers' expectations of future income and thus the amount they want to consume today for any given income. This shift, in a neoclassical economy, will:
✅
❌
❌
❌
View this question
Consumption depends ______ on disposable income, and investment depends ______ on the real interest rate.
❌
❌
❌
✅
View this question
Want instant access to all verified answers on l.xmu.edu.my?
Get Unlimited Answers To Exam Questions - Install Crowdly Extension Now!