An austerity policy is A) an increase in the money supply. B) ...

[TFauchery]

An austerity policy is
 
  A) an increase in the money supply.
  B) an expenditure reduction and expenditure switching policy.
  C) an expansionary fiscal policy accompanied by decreases in taxes, increases in expenditures, or both.
  D) an exchange rate switching policy from a fixed to a flexible exchange rate system.

Question 2

Most economists attribute the growing income inequality in the United States to
 
  A) trade.
  B) macroeconomic policies.
  C) technological change.
  D) changing values.
  E) taxes.

[dajones82]

Answer to Question 1

B

Answer to Question 2

C