Fiscal policy designed to moderate the severity of a business cycle is known as

a. acceleration
b. maintenance
c. procyclical
d. countercyclical
e. discretionary

D

Economics

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Which of the following statements is true?

A) If a bank lends a sum of $600 to a firm, the sum is a part of the bank's liability. B) If a bank lends a sum of $200 to a household, the sum is a part of the bank's liability. C) If a firm deposits a sum of $500 in a bank, the sum is a part of the bank's assets. D) If a firm deposits a sum of $500 in a bank, the sum is a part of the bank's liability.

Economics

Which of the following groups did Clinton target after his stimulus package failed in 1993?

a. High-income households b. Low-income households c. Foreign investors d. Only industrial workers e. Households with the lowest MPC

Economics