In 2009, Congress passed tax laws to reduce income tax rates for some taxpayers. This action is called

A) a discretionary fiscal policy.
B) a discretionary revenue policy.
C) an automatic fiscal policy.
D) an annual tax policy.
E) induced tax policy.


A

Economics

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Refer to the figure below.________ inflation will eventually move the economy pictured in the diagram from short-run equilibrium at point ________ to long-run equilibrium at point ________. 

A. Rising; A B. Falling; A; C C. Falling; B: C D. Rising; A; C

Economics

In the foreign exchange market, what could be a possible consequence of an increase in the purchase of stocks of Toyota, a Japanese automobile firm, by U.S. residents?

A. Demand for the dollar will increase B. Yen will depreciate C. The supply curve for the dollar will shift to the left D. The dollar will depreciate

Economics

___ is a model that depicts the successive stages a buyer passes through in the personal-selling process, including attention, interest, desire, and action

Fill in the blank(s) with the appropriate word(s).

Economics

Which of the following types of investments is the most volatile?

A. equipment investment B. housing investment C. plant investment D. inventory investment

Economics