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Exam Code: MCD-Level-1 Dumps

Questions and Answers: 104

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NEW QUESTION: 1
Which of the following might be considered the most expansionary set of fiscal policies?
A. Increase government purchases, increase in taxes.
B. Increase in government purchases, increase in the money supply.
C. Decrease in taxes, increase in the money supply.
D. Increase government purchases, decrease in taxes.
Answer: D
Explanation:
Choice "b" is correct. Expansionary fiscal policy involves increasing government purchases and/or
decreasing taxes. Both increases in government spending and decreases in taxes cause the aggregate
demand curve to shift right and thus cause real GDP (output) to increase.
Choice "a" is incorrect. An increase in taxes is an example of contractionary fiscal policy.
Choice "c" is incorrect. An increase in the money supply is expansionary monetary policy (not fiscal
policy).
Choice "d" is incorrect per above Explanation: .

NEW QUESTION: 2
Are loops allowed in a CDF file?
A. Yes, but only 2 levels up.
B. No
C. Yes, but only if less than 10 of them.
D. Yes
Answer: B

NEW QUESTION: 3
DRAG DROP
Drag the technology on the left to the matching routing protocol on the right.
Select and Place:

Answer:
Explanation:



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