Which of the following is true for an expansionary fiscal policy?
A. It causes an increase in the aggregate demand.
B. It decreases the level of imports.
C. It leads to a fall in the interest rate.
D. It has no impact on the aggregate output.
Answer: A
Economics
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Indicate whether the statement is true or false
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If the government wants to regulate a natural monopoly, it will force the firm to set price equal to
A) average cost. B) marginal cost. C) marginal revenue. D) None of the above.
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