Discretionary fiscal policy:
What will be an ideal response?
changes in government spending
and taxation resulting from deliberate policy decision
Economics
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What are key economic variables that economists use to predict a new phase of a business cycle referred to as?
(A) Economic growth (B) A recession (C) A contraction (D) Leading indicators
Economics
When real income ________, the demand curve for money shifts to the ________ and the interest rate ________, everything else held constant
A) falls; right; rises B) rises; right; rises C) falls; left; rises D) rises; left; rises
Economics