Author Question: If a government wanted to use monetary policy to increase economic growth, which of the following ... (Read 75 times)

geoffrey · **on:** Jul 9, 2018

If a government wanted to use monetary policy to increase economic growth, which of the following steps should be taken?

a. decrease interest rates to increase the amount of money in supply
b. increase the amount of foreign currency kept on reserve in U.S. banks
c. increase the amount of public revenue for investment by raising taxes
d. increase government spending on public works projects

Question 2

What is the purpose of Social Security in the United States?

a. To provide income to impoverished Americans
b. To provide healthcare to young children
c. To provide guaranteed income to older Americans
d. To protect against crime