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Question 5 1 pts Which of these would help a government ght a recession? Q raising taxes cutting taxes 0 cutting spending Q paying down

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Question 5 1 pts Which of these would help a government ght a recession? Q raising taxes cutting taxes 0 cutting spending Q paying down the national debt Question 6 1 pts The tax rebate of 2008 had a relatively small impact because taxpayers primarily used the rebate to 0 purchase their annual Christmas gifts. 0 take vacations. reduce their debts. 0 Each of these answers is correct. Question 7 1 pts Figure: A Real Shock Inflation rate, IT 16% 12% 11% 9% . AD2 3% -3% -2% -1% 3% Real GDP growth rate Reference: Ref 18-2 (Figure: A Real Shock) If after a real shock the economy is operating at Point Y, in the presence of crowding out, fiscal policy that would have shifted ADo to AD2 would only move the economy to point O A . O B. OV. O X

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