Which of the following would help a government reduce an inflationary output gap? a. Raising taxes. b.
Question:
Which of the following would help a government reduce an inflationary output gap?
a. Raising taxes.
b. Lowering taxes.
c. Increasing government spending.
d. Decreasing government spending.
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Answer The correct answer is d Decreasing government spending Explanation An inflationary output gap ...View the full answer
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Related Book For
Macroeconomics
ISBN: 9781264112456
22nd Edition
Authors: Campbell McConnell, Stanley Brue, Sean Flynn
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