The dramatic rise in the dollar between 1981 and 1986 was the result of a(n)
a. a tight monetary and a tight fiscal policy.
b. an expansive monetary and an expansive fiscal policy.
c. an expansive monetary and a tight fiscal policy.
d. a tight monetary and an expansive fiscal policy.
d
You might also like to view...
According to the Application, one factor which was responsible for roughly one-third of hybrid vehicles purchased in 2007 was an increase in the price of gasoline
The increase in sales due to higher gasoline prices describes the economic concept of A) marginal thinking. B) rational self interest. C) using assumptions to simplify. D) ceteris paribus.
Television programming might be targeted for protection in a country using which of the following arguments?
A) Infant industry B) National security C) Need for retaliation D) Labor argument E) Cultural protection
Disposable income equals personal income minus net taxes
a. True b. False Indicate whether the statement is true or false
India’s real GDP was $2.5 trillion in 2018. Using the simple aggregate expenditure model and assuming that the country’s economy was in equilibrium, what was India’s aggregate expenditure?
a. $25 billion b. $250 billion c. $2.5 trillion d. $250 trillion