If the government enacts contractionary fiscal policy, it:
A. must want to slow economic activity.
B. could increase taxes.
C. expects aggregate demand to decrease.
D. All of these are true.
D. All of these are true.
Economics
You might also like to view...
A $10 fee to obtain a driver’s license is a
A. regressive tax. B. degressive tax. C. proportional tax. D. progressive tax.
Economics
A firm in a monopolistically competitive market can earn both short-run and long-run profits
a. True b. False Indicate whether the statement is true or false
Economics
Consumers can reduce their information disadvantage by investigating consumer satisfaction surveys.
Answer the following statement true (T) or false (F)
Economics
A product is considered to be excludable if it is jointly owned by all members of a community
Indicate whether the statement is true or false
Economics