Author Question: Which of the following is an appropriate discretionary fiscal policy if equilibrium real GDP falls ... (Read 36 times)

Brittanyd9008 · **on:** Jun 29, 2018

Which of the following is an appropriate discretionary fiscal policy if equilibrium real GDP falls below potential real GDP?

A) an increase in the supply of money B) an increase in individual income taxes
C) a decrease in transfer payments D) an increase in government purchases

Question 2

Inflation that is ________ than what is expected benefits ________ and hurts ________.

A) greater; lenders; no one B) greater; lenders; borrowers
C) less; lenders; borrowers D) less; borrowers; lenders