Which one of the following is an example of discretionary fiscal policy used to correct an inflationary gap?
A) an increase in government expenditures approved by Congress
B) decrease in the money supply by the Federal Reserve
C) a tax increase passed into law by Congress
D) an agreement among major banks to lower interest rates
C
You might also like to view...
If S = 200, T = 700, G = 950, and NX = -200, this makes net domestic investment
A) 150. B) -150. C) 50. D) -50. E) 650.
Which statement most accurately describes the distribution of income among US families?
a. In 2005, as in most of American history, poor people work on average many more hours than do high-income people. b. The median real family income has remained about the same since 1970. c. One of the most significant determinants of income inequality in the US has been the increase in demand for highly trained labor. d. Earnings of married-couple families have grown more slowly than earnings of both male and female households with no spouse.
Which of the following acts required that financial derivatives be traded in established, regulated markets?
A. Glass-Steagall Banking Act B. Gramm-Leach-Bliley Financial Services Modernization Act C. Dodd-Frank Wall Street Reform and Consumer Protection Act D. Celler-Kefauver Financial Reform Act
Which statement is the most accurate?
A. In the U.S., there is no such thing as non-competing groups. B. The jobs described in Beth Schulman's The Betrayal of Work are in the primary labor market. C. When you work for Wal-Mart as an associate, you are in the primary labor market. D. In Nickel and Dimed, Barbara Ehrenreich described her experiences in the secondary labor market.