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Author Question: Which of the following is an appropriate discretionary fiscal policy if equilibrium real GDP falls ... (Read 117 times)

Brittanyd9008

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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


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Dinolord

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Reply #1 on: Jun 29, 2018
Answer to Question 1

D

Answer to Question 2

C


Brittanyd9008

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Reply 2 on: Jun 29, 2018
Thanks for the timely response, appreciate it

mammy1697

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Reply 3 on: Yesterday
Great answer, keep it coming :)

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