Author Question: Fiscal policy includes all of the following EXCEPT A) policies that influence the rate of growth ... (Read 83 times)

jayhills49 · **on:** Jun 30, 2018

Fiscal policy includes all of the following EXCEPT

A) policies that influence the rate of growth of the quantity of money in circulation.
B) changing taxes.
C) changing government spending.
D) policies that influence aggregate demand.

Question 2

Suppose that along the aggregate demand curve, real GDP equals 14.2 trillion when the GDP deflator is 90. If the GDP deflator were 95, real GDP along the aggregate demand curve would equal

A) more than 14.2 trillion but less than 14.8 trillion.
B) less than 14.2 trillion.
C) 14.2 trillion.
D) more than 14.8 trillion.