With an increase in the budget deficit, the open-economy outcome compared to the closed-economy outcome features a ___________ in Real GDP

A) larger increase
B) smaller increase
C) larger decrease
D) smaller decrease

B

Economics

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An effective Federal Reserve operating target is a target that is reliably linked to

A) inflation and unemployment rates. B) other operating targets. C) fiscal policy. D) open market operations.

Economics

Government controls of price, output, entry of new firms, and quality of service in industries where monopoly appears desirable are known as

a. antitrust regulation b. economic regulation c. social regulation d. antimerger regulation e. consumer advocacy regulation

Economics