The portion of the Obama stimulus package that increased spending is best thought of as
A. discretionary (and contractionary) fiscal policy.
B. nondiscretionary fiscal policy.
C. monetary policy.
D. discretionary (and expansionary) fiscal policy.
Answer: D
Economics
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Make use of the misperceptions theory to explain why the short-run aggregate supply curve is upward sloping
What will be an ideal response?
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Which of the following is an example of a capital good?
a. an artificial Christmas tree used by a family year after year b. a sweater worn by a sixth grade student c. electricity used by a household to heat a swimming pool d. a pencil used by a shopper making out a grocery list e. a shovel used by a construction worker
Economics