Which of the following is an example of expansionary fiscal policy?

a. Decrease government spending.
b. Increase government spending.
c. Increase taxes and decrease government spending equally.
d. Increase taxes.

b

Economics

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The equation representing the final demand approach to calculating GDP is

a. Y = C + I + X + IM. b. Y = C + I + G. c. Y = G + I + X ? IM. d. Y = C+ I + G + (X ? IM).

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Over _______% of all banks are members of the FDIC.

Fill in the blank(s) with the appropriate word(s).

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Economics