One purpose of discretionary fiscal policy is to
A. increase government spending during a recession.
B. reduce inflation during an expansion.
C. reduce inflation during a recession.
D. increase taxes during an expansion.
Answer: B
Economics
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Net exports of goods and services equal the
A) exports of goods and services divided by the imports of goods and services. B) exports of goods and services plus the imports of goods and services. C) exports of goods and services minus the imports of goods and services. D) imports of goods and services minus the exports of goods and services.
Economics
All eight countries known as the High Performance Asian Economies are outwardly oriented for trade and investment, and all have experienced rapid growth by world standards
Indicate whether the statement is true or false
Economics