The goal of expansionary fiscal policy with respect to output is to:
A. increase spending and aggregate demand to get back to an output level the government is comfortable with.
B. decrease government spending in an attempt to get the private economy back on track.
C. increase spending and shift aggregate demand to the left in an effort to reach full employment output.
D. increase spending and shift aggregate demand to the right in an effort to reach full employment output.
Answer: D
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What will be an ideal response?
The best strategy for each player if this game is repeated is: A: CheatA: CollaborateB: CheatA: 1, B: ?1A: ?1, B: 1B: CollaborateA: ?1, B: 1A: 1, B: ?1
A. his or her dominant strategy. B. to cheat. C. to collaborate. D. a mixed strategy.