Multiple Choice
Which of the following is an appropriate fiscal policy response to high inflation?
A) increase interest rates
B) increase government purchases
C) decrease taxes
D) none of the above
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q81: Supply-side economics stress that:<br>A)aggregate demand is the
Q82: The crowding-out effect implies that:<br>A)increases in government
Q83: If MPC = 0.75, a $40 billion
Q84: How does a change in taxes primarily
Q85: Other things equal, an increase in government
Q87: If inflation is the most significant issue
Q88: Budget surpluses exist when:<br>A)government spending exceeds its
Q89: If the marginal propensity to consume is
Q90: Historically, the largest budget deficits and growing
Q91: If inflation is a major issue in