The clearest indicator of a switch to a less expansionary fiscal policy is a

A) rise in the actual deficit.
B) fall in the actual deficit.
C) rise in the natural employment deficit.
D) fall in the natural employment deficit.

D

Economics

You might also like to view...

The rule that states that the marginal revenue product equal to price does not hold when there are more than two inputs

a. True b. False Indicate whether the statement is true or false

Economics

Crowding out will be less likely to occur if:

A. business investment depends on interest rates. B. interest rates rise when the budget deficit increases. C. interest rates fall when the budget deficit decreases. D. business investment does not depend on interest rates.

Economics