Crowding out effect from the use of expansionary fiscal policy will be A. insignificant because fiscal policy is highly effective for both open and closed economies in the short run. B. smaller in an open economy because the lower interest rates will increase domestic​ investment, consumption of durables but decrease net exports. C. larger in a closed economy because the higher interest rates will reduce domestic​ investment, consumption of durables and increase net exports. D. larger in an open economy because the higher interest rates will reduce domestic​ investment, consumption of durables and net exports.

Financial performance is measured in many ways. requirements 1. explain the difference between lag and lead indicators. 2. the following is a list of financial measures. indicate whether each is a lag or lead indicator: a. income statement shows net income of $100,000 b. listing of next week's orders of $50,000 c. trend showing that average hits on the redesigned website are increasing at 5% per week d. price sheet from vendor reflecting that cost per pound of sugar for the next month is $2 e. contract signed last month with large retail store that guarantees a minimum shelf space for grandpa's overloaded chocolate cookies for the next year