According to the Keynesian view, which of the following would most likely stimulate real output if an economy were in a recession?
a. a decrease in tax rates
b. an increase in tax rates
c. a reduction in government expenditures
d. a budget surplus
A
Economics
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The paper currency that is currently being used in the U.S. is an example of ________ money
A) fiat B) price-indexed C) commodity D) hard
Economics
Other things constant, a ________ in price will ________ the ________ for a good
A) decrease; decrease; demand B) decrease; increase; demand C) decrease; increase; quantity demanded D) decrease; decrease; quantity demanded
Economics