Author Question: A decrease in real GDP would affect the U.S. economy by: a. cutting tax revenues and raising ... (Read 76 times)

azncindy619

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A decrease in real GDP would affect the U.S. economy by:
 a. cutting tax revenues and raising government expenditures.
  b. cutting government expenditures and raising tax revenues.
  c. raising both tax revenues and government expenditures.
  d. cutting both government expenditures and tax revenues.

Question 2

The Monetarists advocate the monetary rule in order to stabilize the business cycle which states that the money supply should be decreased by a constant rate year after year.
 a. True
  b. False
  Indicate whether the statement is true or false



steff9894

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Answer to Question 1

a

Answer to Question 2

False



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steff9894

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