An expansionary fiscal policy can:

(a) Raise the national debt;
(b) Decrease the national debt;
(c) Have no effect on national debt;
(d) None of above.


Answer: (a) Raise the national debt;

Economics

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A) the money price of oil; decreases B) the money wage rate; decreases C) the money wage rate; increases D) technology; decreases E) technology; increases

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When a firm produces output,

A) The value of the output produced is included in GDP B) The firm's output contributes to GDP only to the extent that there is value-added. C) The firm's output will not count as GDP if it is stored as inventory. D) The firm's output will not count as GDP if it is exported.

Economics

Moral hazard is:

A. when individuals make exchanges in the grey market. B. the tendency for people to behave in a riskier way when they're insured. C. when one party acts in a way that is ethically outside the norm in a market exchange. D. when both parties act in a way that is ethically outside the norm in a market exchange.

Economics

What will be the outcome of a government law requiring employers with more than 100 employees to incur additional employee-related costs?

a. raise the cyclical rate of unemployment b. lower the cyclical rate of unemployment c. raise the natural rate of unemployment d. lower the natural rate of unemployment

Economics