Combating recession may require the government to
a. decrease aggregate supply.
b. increase aggregate demand.
c. decrease aggregate demand.
d. decrease government spending.
b
Economics
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When tax revenue ________ outlays is positive, then the government has a budget ________
A) minus; surplus B) divided by; surplus C) minus; deficit D) plus; deficit E) plus; surplus
Economics
In the above figure, if the market was a single-price monopoly rather than perfectly competitive, which area shows the transfer of consumer surplus from consumers to producers?
A) A + B B) C + D C) C + D + E D) E + H
Economics