A contractionary fiscal policy is...
What will be an ideal response?
an increase in taxes
You might also like to view...
The current international financial system is a managed float exchange rate system because
A) exchange rates fluctuate in response to, but are not determined solely by, market forces. B) some countries keep their currencies pegged to the dollar, which is not allowed to fluctuate. C) all countries allow their exchange rates to fluctuate in response to market forces. D) all countries peg their currencies to the dollar which is allowed to fluctuate in response to market forces.
Suppose a 5 percent increase in price causes a 25 percent decrease in quantity demanded. Which of the following statements is most likely true? a. There are many substitutes for this good
b. There are few substitutes for this good. c. The market for the good is a necessity. d. The price change persists over a very short period of time.
The lowest the poverty rate has been during the last 50 years was in
A. 1960. B. 1967. C. 1973. D. 1979.
What effect, if any, will a good college education have on your human capital? Explain your answer
What will be an ideal response?