You need to have an emergency fund that can of your fixed expences.
a. 1 to 3
b. 4 to 5
c. 3 to 6
d. 5 to 7

The impact fiscal multiplier is a. usually estimated to have an average value of 2. b. usually estimated to have an average value of 0. c. the actual immediate multiplier effect of a fiscal policy action after taking into consideration direct fiscal offsets and other short-term crowding out of private spending. d. the multiplier effect of a fiscal policy action that applies to a long-run period after all influences on equilibrium real gdp have been taken into account.

3. describe the purpose of the sec. (1-4 sentences. 2.0 points)

What would happen to the equilibrium price and quantity of lattés if the cost to produce steamed milk