The government’s fiscal policy is its plan for managing ______________ through its spending and taxing programs

Two players are playing a game. Player 1 is given $100 and is asked to offer a certain share of the money to Player 2. Player 2 can then choose to accept or reject the offer

If he accepts the offer, the money will be split between the two players in the ratio as decided by Player 1. If he rejects the offer, neither of the players will get anything. a) Assume that both players prefer more money to less. How would Player 1 choose his optimal strategy in this case? b) If Player 2 prefers fairness to money, how will his decision change?

Unemployment rises and falls in the same direction as output over the business cycle

a. True b. False Indicate whether the statement is true or false