Multiple Choice
According to most economists, what does fiscal policy affect?
A) only aggregate demand and not aggregate supply
B) mostly aggregate demand
C) mostly aggregate supply
D) only aggregate supply and not aggregate demand
Correct Answer:
Verified
Correct Answer:
Verified
Related Questions
Q4: Unemployment insurance and welfare programs work as
Q18: If there are automatic stabilizers but no
Q19: If the multiplier is 5, what is
Q20: The most important lag for monetary policy
Q21: The economy is in long-run equilibrium when
Q22: How do permanent tax cuts shift the
Q24: Suppose that the government spends more on
Q26: Suppose the closed economy is in long-run
Q27: Which of the following factors mostly determines
Q28: Assuming the multiplier effect but no crowding-out