If unemployment is the most significant problem in the economy, which of the following actions would be an appropriate fiscal policy response?
a. decrease taxes
b. decrease government purchases
c. decrease the federal deficit
d. all of the above
a
Economics
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In the above figure, the slope across the arc between points a and b equals
A) 5. B) 4. C) 2. D) 1.
Economics
Use a graph to show the effects of an expansionary monetary policy moving an economy out of recession and to potential real GDP. Explain what happens to aggregate demand, real GDP, and the price level
What will be an ideal response?
Economics