Which of the following is an example of expansionary fiscal policy?
a. Increase taxes.
b. Decrease government spending.
c. Increase government spending.
d. Increase taxes and decrease government spending equally.
c
Economics
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The fundamental identity of national income accounting is
A) total production = total income - total expenditure. B) total production = total income + total expenditure. C) total production = total income = total expenditure. D) total production = total income/total expenditure.
Economics
Which of the following best fits the definition of unemployed?
A) retired and not working B) working less than a full work week C) not working but looking for a job D) not working at a gainful pursuit, either in or out of the home
Economics