Contractionary fiscal policy involves decreasing government purchases or increasing taxes

If the quantity of a good demanded by a typical consumer increases in response to the growth in purchases of other consumers,

A. a negative network externality is present. B. a network externality is absent. C. a network externality can be positive or negative D. a positive network externality is present.

Which of the following is an example of monetary policy?

a. Regulating financial capital markets b. Decreasing the tax rate c. Increasing the amount of government spending d. Regulating factors of production