Author Question: Which one of the following is an example of discretionary fiscal policy used to correct an ... (Read 88 times)

debasdf · **on:** Jun 30, 2018

Which one of the following is an example of discretionary fiscal policy used to correct an inflationary gap?

A) an increase in government expenditures approved by Congress
B) decrease in the money supply by the Federal Reserve
C) a tax increase passed into law by Congress
D) an agreement among major banks to lower interest rates

Question 2

Empiricism refers to the process of:

A) making choices using values and beliefs. B) measuring variables.
C) testing ideas using data. D) collecting and organizing data.