Among private consumption, private investment, government spending, and exports, which drives the business cycle? O consumption investment O government spending O exports Question 2 The main cause of boom-bust cycles has been subsidies that generate higher land rent and land value, too much spending on welfare. O government debt. too much financial activity. Question 3 A large expansion of money by the Federal Reserve

Principles of Economics (MindTap Course List)
8th Edition
ISBN:9781305585126
Author:N. Gregory Mankiw
Publisher:N. Gregory Mankiw
Chapter36: Six Debates Over Macroeconomic Policy
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Among private consumption, private investment, government spending, and exports, which drives
the business cycle?
consumption
O investment
O government spending
O exports
Question 2
The main cause of boom-bust cycles has been
O subsidies that generate higher land rent and land value,
O too much spending on welfare.
O government debt.
too much financial activity.
Question 3
A large expansion of money by the Federal Reserve
O pushes down interest rates and creates excessive spending on real estate.
O provides sustainable growth.
O increases interest rates.
O stabilizes the economy.
Transcribed Image Text:Among private consumption, private investment, government spending, and exports, which drives the business cycle? consumption O investment O government spending O exports Question 2 The main cause of boom-bust cycles has been O subsidies that generate higher land rent and land value, O too much spending on welfare. O government debt. too much financial activity. Question 3 A large expansion of money by the Federal Reserve O pushes down interest rates and creates excessive spending on real estate. O provides sustainable growth. O increases interest rates. O stabilizes the economy.
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