A government spending and taxation policy to achieve macroeconomic goals is known as:
a. countercyclical policy.
b. fiscal policy.
c. monetary policy.
d. a balanced budget.
e. presidential discretion.
Question 2
When the Fed reduces the money supply, it will cause a decrease in aggregate demand because:
a. real rates will rise, lowering business investment and consumer spending.
b. the dollar will depreciate on the foreign exchange market, leading to an increase in net exports.
c. lower interest rates will cause the value of assets (for example, stocks) to rise.
d. the national debt will increase, causing consumers to reduce their spending.
Adults in late middle adulthood frequently look forward to spending more time with their partner
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When parents actively support higher education, their children achieve more in their future careers.
Government Corruption versus GDP per Capita, 2009
American Government: Roots and Reform, AP* Edition, 12th Edition