Contractionary fiscal policy may have some undesirable consequences. Among these is

A. higher unemployment.
B. higher inflation.
C. higher net exports.
D. larger federal deficits.


Answer: A

Economics

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A factor market is a market in which

A) households buy goods and services. B) households sell the services of the factors of production they control. C) firms sell the services of the factors of production. D) firms sell goods and services.

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An economic profit of zero indicates a satisfactory situation for the firm

a. True b. False Indicate whether the statement is true or false

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Economic progress

What will be an ideal response?

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