To combat a recession with discretionary fiscal policy, Congress and the president should
A) decrease taxes to increase consumer disposable income.
B) decrease government spending to balance the budget.
C) lower interest rates and increase investment by increasing the money supply.
D) raise taxes on interest and dividends, but not on personal income.
A
Economics
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Economic growth occurs when there is
A) lower taxes on individuals. B) growth in government spending. C) growth in technology that increases productivity. D) more environmental regulation.
Economics
The natural unemployment rate is the unemployment rate that exists when there is no
A) cyclical unemployment. B) frictional unemployment. C) structural unemployment. D) unnecessary unemployment. E) cyclical or structural unemployment.
Economics