You go to work today, but will get your paycheck at the end of the month. This is an example of money serving as a

Which of the following would supply-side economists advocate?

I. reducing tax rates in order to encourage people to work more II. providing investment tax credits to stimulate capital formation spending III. increasing government spending IV. increasing transfer payments to those who want to be retrained for employment A) I, II, III, and IV B) I, II, and III only C) I, II, and IV only D) I and II only

Contractionary fiscal policy is used to decrease aggregate demand in an attempt to fight rising inflation

Indicate whether the statement is true or false