A government spending and taxation policy to create full employment without inflation is known as
a. closing an inflationary gap
b. fiscal policy
c. closing a recessionary gap
d. a balanced budget
e. a balanced budget multiplier
B
Economics
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The marginal propensity to save (MPS) is equal to
A) MPC + 1. B) 1 + MPC. C) 1 - MPC. D) MPC - 1.
Economics
The policy that aims to regulate and prevent anti-competitive pricing in the United States is referred to as:
A) antitrust policy. B) anticompetition policy. C) monopoly regulation policy. D) consumer protection policy.
Economics