The optimal time for the implementation of contractionary fiscal policy would be
a. before inflation accelerated.
b. after inflation accelerated.
c. after unemployment increased.
d. after the price level had risen significantly.
a
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Suppose the current account has a value of $500,000 and the financial account has a value of $525,000. The value of the capital account is ________.
A. $25,000 B. -$1,025,000 C. $1,025,000 D. -$25,000
List and explain factors that influence consumption expenditure
What will be an ideal response?
Refer to Figure 17-6. If firms and workers have rational expectations, an expansionary monetary policy will cause the short-run equilibrium to move from
A) point A to point B. B) point C to point A. C) point A to point C. D) point B to point A. E) point B to point C.
In the last decade, spending on education has been slowing
a. True b. False Indicate whether the statement is true or false