What are the two tools of fiscal policy that governments can use to affect the level of aggregate demand?
A) taxation and controlling imports
B) taxation and controlling exports
C) government spending and taxation
D) government spending and technology improvements
C
You might also like to view...
Over a year, the money supply in a nation grew by 8 percent, while velocity rose by 2 percent and real GDP rose by 3 percent. This results in an inflation over the year of ________ percent
A) 7 B) 9 C) 13 D) 3
Healthy Crunch contractually requires distributors who purchase Healthy Crunch's snack bars to also purchase Healthy Crunch's breakfast cereal. The legality of the practice will be evaluated under Section ________ of the Clayton Act.
A) 7 B) 2 C) 8 D) 3
Suppose the price elasticity of demand for your economics textbook is -1 . If the publisher raises the price by 5 percent,
a. revenues will rise 5 percent b. quantity demanded will rise 5 percent c. total revenues will not change d. revenues will fall e. revenues will fall 5 percent
Since it spent over $3.6 trillion in 2010, opportunity cost was not an issue for the U.S. government
a. True b. False Indicate whether the statement is true or false