Compared to an economy's self-correcting mechanism, active contractionary fiscal policy will

a. work more slowly and calmly.
b. work more quickly.
c. have less deflationary effects.
d. have a smaller effect on real GDP.

b

Economics

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Recently, consumption has comprised approximately

A) one-half of GDP. B) two-thirds of GDP. C) three-fourths of GDP. D) four-fifths of GDP.

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