Multiple Choice
What will counter-cyclical fiscal policy do?
A) Raise GDP and prices if used to eliminate a recessionary gap.
B) Raise GDP and lower prices if used to eliminate a recessionary gap.
C) Lower GDP and prices if used to eliminate a recessionary gap.
D) Raise GDP,but leave prices unchanged if used to eliminate a recessionary gap.
Correct Answer:
Verified
Correct Answer:
Verified
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