Author Question: If the current level of GDP exceeds full employment, the level of GDP can be reduced by A) ... (Read 195 times)

rachel9 · **on:** Jun 29, 2018

If the current level of GDP exceeds full employment, the level of GDP can be reduced by

A) reducing the money supply. B) lowering interest rates.
C) increasing spending. D) reducing taxes.

Question 2

New growth theory asserts that ________ will lead us to greater productivity and economic growth.

A) nothing
B) new machinery
C) leisure time
D) unlimited wants
E) government regulation