The government has the ability to influence the level of output in the short run using monetary and fiscal policy. There is some disagreement as to whether the government should attempt to stabilize the economy. Which of the following are arguments in favor of active stabilization policy by the government? Check all that apply. Shifts in aggregate demand are often the result of waves of pessimism or optimism among consumers and businesses. Changes in government purchases and taxation must be passed by both houses of Congress and signed by the president. The Fed can effectively respond to excessive pessimism by expanding the money supply and lowering interest rates. Businesses make investment plans many months in advance. Which of the following are examples of automatic stabilizers? Check all that apply. The federal funds rate Corporate income taxes The discount rate

In exchange for land, a knight agrees to be a sort of sub-vassal to a vassal. this agreement was known as: investiture homage tyranny subinfeudation

Why would nations in latin america be part of a mostly arab cartel group known as opec? a) latin america refused to do business with countries that were not part of opec. eliminate b) natural resources such as oil are a major economic development for some latin american countries. c) latin america has a long history of distrust of the united states and fears a take-over of oil fields. d) latin american nations such as venezuela needed in getting natural resources to other parts of the world. 15

Suppose that a father is walking his young daughter to school when a driver of an automobile negligently runs off the road and onto the sidewalk, hitting the girl but not her father. the young girl dies from her injuries. the father suffers severe emotional distress by seeing his daughter die and manifests his distress by suffering physically. which of the following is an accurate statement regarding the father's right to sue and recover damages from the driver of the automobile? a. the father can sue and recover damages from the driver of the automobile for intentional infliction of emotional distress for the severe distress he suffered by seeing his daughter die. b. the father cannot sue the driver since tort law does not recognize strict liability for automobile accidents. c. the father cannot sue the driver since the driver did not intend to cause harm. d. the father can sue and recover damages from the driver of the automobile for negligent infliction of emotional distress for the severe distress he suffered by seeing his daughter die. e. the father cannot sue the driver since he did not suffer physical injury himself.