"Leaning against the wind" is exemplified by a
a. tax cut when there is a recession.
b. decrease in the money supply when there is a recession.
c. decrease in government expenditures when there is a recession.
d. All of the above are correct.
a
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In the United States in 2012, the CDC estimated that the total number of people with diabetes (both diagnosed and undiagnosed cases) was lowest for people in the age range of ________, and the percentage of people with diabetes was lowest for people
in the age range of ________. A) 20-44; 20-44 B) 65 and older; 65 and older C) 45-64; 65 and older D) 65 and older; 20-44
An expansionary monetary policy is most likely to produce an inflationary effect with little impact on output when the economy
a. is near full employment and the aggregate supply curve is horizontal. b. is near full employment and the aggregate supply curve is vertical. c. has substantial unemployment and the aggregate supply curve is vertical. d. has substantial unemployment and the aggregate supply curve is horizontal.