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Author Question: Refer to Figure 16-2.In the graph above, if the economy is at pointA, an appropriate ... (Read 183 times)

frankwu

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Question 1

Figure 16-2












Refer to Figure 16-2. In the graph above, if the economy is at point A, an appropriate fiscal policy by Congress and the president would be to


◦ lower the discount rate of interest.
◦ execute an open market sale of government securities.
◦ increase government transfer payments.
◦ increase marginal income tax rates.

Question 2

Figure 16-2












Refer to Figure 16-2. In the graph above, if the economy is at point A, an appropriate fiscal policy by Congress and the president would be to


◦ decrease the required reserve ratio.
◦ sell government securities.
◦ increase government expenditures.
◦ decrease transfer payments.


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Marked as best answer by frankwu on Mar 16, 2019

BAOCHAU2803

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BAOCHAU2803

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