If the index of leading indicators and other forecasting devices suggested that the economy is moving into an inflationary boom, activists' economic policy would call for
a. a decrease in money supply growth and a tax increase.
b. an increase in money supply growth and a shift toward a budget deficit.
c. an increase in money supply growth and a tax decrease.
d. a continuation of the policies already in place.
A
Economics
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If MR < MC, a monopolist should:
A. increase production. B. decrease production. C. maintain the same level of production. D. stop producing.
Economics
You are certain that a normal rate of return is 18% for the computer industry. What do you expect for a normal rate of return in the computer software industry, which is considered to be much riskier than the computer industry?
A. Less than 18% B. Above 18% C. 18% D. The rate on government bonds
Economics