Government decreasing taxes is an example of:
A. contractionary monetary policy.
B. contractionary fiscal policy.
C. expansionary monetary policy.
D. expansionary fiscal policy.
Answer: D
Economics
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If prices rise in the United States, everything else constant, the dollar __________ against the yen and the yen __________ against the dollar
A) appreciates; appreciates B) appreciates; depreciates C) depreciates; appreciates D) depreciates; depreciates
Economics
The per-worker production function illustrates the fact that as the amount of capital per worker increases, output per worker: a. increases at an increasing rate
b. increases then decreases. c. decreases but at an increasing rate. d. decreases. e. increases but at a decreasing rate.
Economics