According to the principle underlying fiscal policy, during inflation, fiscal policy should:
A) stimulate economic activity by decreasing taxes.
B) curb economic activity by reducing government spending.
C) let the forces of supply and demand operate on their own.
D) expand the rate of growth of the money supply.
E) use the easy-money policy.
B
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In experimental research, the variable designated as the independent variable
A) refers to the variable that is directly manipulated by the research team. B) refers to the variable that is directly manipulated by the participant. C) refers to a variable that is independent of any measurement strategy. D) refers to the variable that is not directly manipulated.
Which of the following is often a reason for legislators to introduce bills with no real expectation of passage?
A. The legislators really don't believe in the benefits of such legislation. B. The legislators simply seek to "go on record" as working toward a particular goal. C. The legislators have been "bought" by the interest group that desires the legislation. D. The legislators often have been given faulty information.