Author Question: The United States abandoned the ________ because the government wanted to rapidly expand the money ... (Read 219 times)

fahad · **on:** Jun 29, 2018

The United States abandoned the ________ because the government wanted to rapidly expand the money supply in response to the Great Depression.

A) managed float B) floating exchange rate system
C) Bretton Woods system D) gold standard

Question 2

If the economy is growing beyond potential real GDP, which of the following would be an appropriate fiscal policy to bring the economy back to long-run aggregate supply? An increase in

A) oil prices.
B) taxes.
C) government purchases.
D) the money supply and a decrease in interest rates.