During inflation, the optimal discretionary fiscal policy would be _____
a. to decrease taxes
b. to increase government spending
c. to decrease the reserve ratio
d. to increase taxes
e. to decrease the market interest rate
d
Economics
You might also like to view...
Which of the following is NOT a consumption good?
A) a U.S. government bond B) a UPS truck C) Nike swimming trunks D) a Subway sandwich E) marriage counseling services
Economics
What are the two policy-making bodies of the Federal Reserve?
A) the Board of Governors and the U.S. Congress B) the Board of Governors and the Federal Open Market Committee C) the Board of Governors and the Presidents' office D) the Federal Open Market Committee and the U.S. Congress
Economics