Multiple Choice
A) the most appropriate fiscal policy is an increase of government expenditures or a reduction of taxes.
B) the most appropriate fiscal policy is a reduction of government expenditures or an increase of taxes.
C) government should undertake neither expansionary nor contractionary fiscal policy.
D) the economy is achieving its maximum possible output.
Correct Answer:

Verified
Correct Answer:
Verified
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Q32: You are given the following information about
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