Solved

To Close a Recessionary Gap with Fiscal Policy, the Government

Question 54

Multiple Choice

To close a recessionary gap with fiscal policy, the government could:


A) increase national savings so that the interest rate falls.
B) lower the annual income exempt from paying the personal income tax.
C) lower the corporate income tax rate.
D) lower the amount of unemployment insurance benefits.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Q49: Use the following to answer questions: <img

Q50: Use the following to answer questions: <img

Q51: Use the following to answer questions: <img

Q52: Suppose that the government increases spending more

Q53: Use the following to answer questions: <img

Q55: A recessionary gap can be closed with:<br>A)

Q56: Time lags associated with policy decision making

Q57: President Johnson's use of a temporary 10%

Q58: One of the shortcomings of fiscal policy

Q59: After passage of the stimulus in 2009