Which of the following should be increased during a recession?
A) Income taxes B) Government spending
C) Real interest rates D) Nominal interest rate
B
Economics
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According to the theory of the political business cycle, the fed expands the money supply before presidential elections to stimulate the economy and favor the incumbent administration
a. True b. False Indicate whether the statement is true or false
Economics
A market basket:
A. looks like a really long shopping list for what firm’s typically purchase. B. includes specific goods and services in fixed quantities that roughly correspond to a typical consumer's spending. C. onlyincludes housing, food, and clothing, but not things like transportation. D. is what an economist creates in order to understand purchasing trends of households and firms.
Economics