Refer to Figure 16-9. Given that the economy has moved from point A to point B in the graph above, which of the following would be the appropriate fiscal policy to achieve potential GDP?

The world trading system combines negotiated agreements that promote trade liberalization called ________ with binding agreements called ________ that block tariff increases

A) fiscal policies; monetary policies B) truces; aggressions C) free trade; enforcement contracts D) levers; ratchets E) wheels; walls

________ are the only depository institutions that are tax-exempt

A) Commercial banks B) Savings and loans C) Mutual savings banks D) Credit unions