Author Question: The government's chief forecasting gauge for business cycles is the chained real GDP indicators. a. ... (Read 53 times)

Beheh · **on:** Jun 30, 2018

The government's chief forecasting gauge for business cycles is the chained real GDP indicators.
a. True
b. False
Indicate whether the statement is true or false

Question 2

If the economy is experiencing inflation, then the most appropriate government policy would be to:
a. shift the aggregate demand curve by using a tax increase coupled with spending cuts.
b. shift the aggregate demand curve by using a tax increase coupled with more spending.
c. shift the aggregate demand curve by using a tax cut coupled with spending cuts.
d. shift the aggregate demand curve by using a tax cut coupled with more spending.
e. shift the aggregate supply curve by using a tax cut coupled with spending cuts.