Which of the following fiscal policy actions would be appropriate if the economy is experiencing an inflationary gap?
A) an increase in government spending
B) an increase in taxes
C) a decrease in interest rates
D) an increase in the money supply
Correct Answer:
Verified
Q2: When the government deliberately alters its level
Q3: Discretionary fiscal policy is
A)automatic changes in government
Q4: When television commentators refer to "tax and
Q5: According to traditional Keynesian economics, expansionary fiscal
Q6: Which of the following is an example
Q7: Suppose the economy is experiencing a recessionary
Q8: Fiscal policy refers to the
A)manipulation of the
Q9: Fiscal policy is defined as
A)the design of
Q10: Which of the following would shift the
Q11: Which of the following represent expansionary fiscal
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