Multiple Choice
If the economy was operating above full employment, it could return to full employment
A) by itself, through rising wages and prices.
B) through decreases in government spending or tax increases.
C) through open market sales.
D) all of the above
Correct Answer:
Verified
Correct Answer:
Verified
Related Questions
Q41: When the economy is producing below full
Q42: In the long run, increases in the
Q43: Figure 15.5<br> <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB2855/.jpg" alt="Figure 15.5
Q44: A decrease in the money supply causes<br>A)
Q45: If GDP is _ potential output, adjustment
Q47: Crowding out refers to<br>A) an increase of
Q48: In the short run, the level of
Q49: Suppose that GDP is _ potential output.
Q50: If the unemployment rate is below the
Q51: In the long run, an increase in