Which of the following is an appropriate discretionary fiscal policy if equilibrium real GDP falls below potential real GDP? O an increase in government purchases O an increase in the supply of money O an increase in individual income taxes O a decrease in transfer payments
Which of the following is an appropriate discretionary fiscal policy if equilibrium real GDP falls below potential real GDP? O an increase in government purchases O an increase in the supply of money O an increase in individual income taxes O a decrease in transfer payments
Chapter24: Fiscal Policy
Section: Chapter Questions
Problem 3P
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