Name two actions that a government could take if it wants to implement an expansionary fiscal policy
What will be an ideal response?
increase government spending, decrease taxes.
Economics
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The value of a worker's marginal product:
A) is the increment in total cost of a firm when the worker is hired. B) is the additional revenue that the worker brings in to the firm. C) is the maximum price at which a product can be sold in a market. D) equals the average product of a firm divided by the marginal product of the worker.
Economics
When a consumer moves from a lower to a higher indifference curve, the marginal rate of substitution automatically increases
Indicate whether the statement is true or false
Economics