17. Which of the following is used as a remedial measure during inflation in an economy? a. Decrease taxes and government spending b. Increase taxes and decrease government spending c. Decrease taxes and increase government spending d. Increase taxes and government spending
17. Which of the following is used as a remedial measure during inflation in an economy? a. Decrease taxes and government spending b. Increase taxes and decrease government spending c. Decrease taxes and increase government spending d. Increase taxes and government spending
Chapter11: Managing Aggregate Demand: Fiscal Policy
Section: Chapter Questions
Problem 4TY
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Question
17.
Which of the following is used as a remedial measure during inflation in an economy?
a.
Decrease taxes and government spending
b.
Increase taxes and decrease government spending
c.
Decrease taxes and increase government spending
d.
Increase taxes and government spending
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