Expansionary fiscal policy during a recession means cutting taxes, increasing government spending, or taking both actions.

The table below shows data regarding Germany's labor market

Year Labor Force (millions) Number of Employed (millions) Population (millions) 2006 43.7 39.01 82.3 2007 43.7 39.06 82.2 2008 43.6 39.8 82.1 The data show that Germany's unemployment rate between 2007 and 2008 A) increased. B) decreased C) stayed the same. D) cannot be determined because the population decreased.

If the inflation rate is zero, then the nominal and real interest rate are the same

a. True b. False Indicate whether the statement is true or false