Question
1.The decrease in interest-related Consumption and Investment spending that occurs as a result of increased interest rates - because of increased government spending is what?
1.The decrease in interest-related Consumption and Investment spending that occurs as a result of increased interest rates - because of increased government spending is what?
a. The discount rate
b. The prime rate
c. Crowding in
d. Crowding out
2.When the economy is suffering from a recession, the response from the government should be
a. Expansionary Fiscal Policy and Contractionary Monetary Policy
b. Contractionary Fiscal Policy and Contractionary Monetary Policy
c. Expansionary Fiscal Policy and Expansionary Monetary Policy
d. Contractionary Fiscal Policy and Expansionary Monetary Policy
e. None of the above.
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