Government demand-management policies that are used to try to increase the equilibrium level of output in the economy are known as
a. expansionary policies.
b. fiscal dividends.
c. output policies.
d. laissez-faire policies.
a. expansionary policies.
You might also like to view...
If the slope of the consumption schedule is 0.75, then the slope of the saving schedule is
A. 0.75. B. 1.25. C. 0.25. D. not possible to determine from the data.
As real disposable income increases, consumption expenditures
A) increase by the same amount. B) increase by a smaller amount. C) increase by a larger amount. D) remain constant.
If the required reserve ratio decreases, the:
a. money multiplier increases. b. money multiplier decreases. c. amount of excess reserves the bank has decreases. d. money multiplier stays the same.
Recall the Application about declining U.S. labor force participation rate since 1999 to answer the following question(s). According to this Application, one explanation for the decline in the U.S. labor force participation rate since 1999 is:
A. the decline in the overall population. B. the increasing number of retiring baby boomers. C. the increase in immigration to the United States. D. the increase in outsourcing by U.S. companies.