Multiple Choice
Suppose the economy goes into recession. Which of the following is a list of things policymakers could do to try to end the recession?
A) increase the money supply, increase taxes, and increase government spending
B) increase the money supply, increase taxes, and decrease government spending
C) increase the money supply, decrease taxes, and increase government spending
D) decrease the money supply, increase taxes, and decrease government spending
Correct Answer:
Verified
Correct Answer:
Verified
Q2: Suppose the budget deficit is rising 4
Q3: The rate of growth in the Debt
Q4: Consider a 25-year-old worker who saves $1000
Q5: Suppose that a country has an inflation
Q6: Why does Canadian public policy discourage saving?<br>A)
Q7: What effects does a higher rate of
Q8: Why are deficits undesirable?<br>A) They reduce future
Q9: Which statement best describes RRSP plans?<br>A) They
Q10: Suppose that a central bank is required
Q11: Which of the following represents the average