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Question 48 2.5 pts Expansionary fiscal policy price level and employment in the short run higher, higher. O higher lower! lower higher lower, lower. D

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Question 48 2.5 pts Expansionary fiscal policy price level and employment in the short run higher, higher. O higher lower! lower higher lower, lower. D Question 49 2.5 pts If the government sought to end a recession, which of the following would be an appropriate policy? Increase taxes. Decrease government purchases. Decrease taxes and increase government purchases O None of the above D Question 50 2.5 pts Which of the following is an appropriate fiscal policy response to high inflation? increase interest rates D increase government purc decrease taxes none of the above

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