Assignment:
1. Suppose government drops 10 billion dollars from helicopter on selected states in the U.S., is this an act of a Fiscal Policy, Monetary Policy, both or none? Explain.
2. If inflation is a macroeconomic problem, implementing a deflationary economic policy should be desirable. Agree / Disagree. Explain.
3. Downward movement on any Aggregate Demand (AD) curves will increase Nominal Output which leads to Economic Growth. True / False? Explain.
4. Are " Buy American" provisions good for
(a) The U. S. consumers?
(b) The U.S. Producers?
(c) Both, the Consumers and Producers?
Explain.