When the federal government cuts taxes and increases purchases to stimulate the economy during a period of recession, such actions are designed to be

A. expansionary.
B. passive.
C. contractionary.
D. automatic.

Answer: A

Economics

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What will be an ideal response?

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If a firm is experiencing constant returns to scale, then the long-run average cost curve is

A) falling. B) rising. C) horizontal. D) shifting

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