Refer to the above figure. Suppose the U.S. economy is currently operating at point C. Which of the following actions would you recommend to the president of the United States?
A) Engage in contractionary fiscal policy by reducing government spending.
B) Reduce taxes to stimulate investment, consumption and net exports.
C) Increase government spending while holding taxes constant.
D) Reduce the interest rate to stimulate investment minimizing the crowding out effect.
Question 2
Which of the following factors will NOT cause a shift in the demand for a good?
A) A change in consumer incomes B) A change in the market price of the good
C) A change in the number of consumers D) A change in tastes and preferences
Major trunk lines carrying long-distance traffic crisscrossed the area east of the Mississippi. The
Two-point linear perspective.
Decimal Point Place Values
The energy set-point view that is the basis of many people’s thinking about hunger and eating.
The leaky-barrel model: a settling-point model of eating and body weight homeostasis.
Figure of a Woman with a Drawing Showing Evidence of Original Painting and Outlining Design Scheme