The self-correcting tendency of the economy means that rising inflation eventually eliminates:

A decrease in taxes should be applied in a situation with

A) a recessionary ga

When the Federal Reserve conducts open market purchases to increase bank reserves without trying to alter the interest rate that is already close to zero, the policy action is called

A) qualitative easing. B) quantitative easing. C) qualitative tightening. D) quantitative tightening.