Refer to Figure 27-2. In the graph above, if the economy is at point A, an appropriate fiscal policy by Congress and the president would be to

A) execute an open market sale of government securities.
B) increase marginal income tax rates.
C) lower the discount rate of interest.
D) increase government transfer payments.

D

Economics

You might also like to view...

Explain the cost advantage of a firm operating at constant returns to scale

Economics

Which of the following is a public good?

A. public defense B. public television C. a library D. schools E. all of these answer options are correct.

Economics