Suppose real GDP is $12.6 trillion and potential GDP is $12.4 trillion. To move the economy back to potential GDP, Congress should
A) raise taxes by $200 billion.
B) lower government purchases by an amount less than $200 billion.
C) lower government purchases by $200 billion.
D) raise taxes by an amount more than $200 billion.
E) lower taxes by $200 billion.
B
Economics
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In which of the following categories would the sale of foreign currency with a forward repurchase agreement be included?
a. an option b. a futures contract c. a forward contract d. a swap
Economics
Evidence seems to point out that just before recessions interest rates rose. Why would monetary policymakers choose to cause recessions?
What will be an ideal response?
Economics