A Contractionary Fiscal Policy Is Likely to

question 95

Multiple Choice

A contractionary fiscal policy is likely to

• A) increase government borrowing, thereby shifting the supply curve for bonds to the right.
• B) reduce government borrowing, thereby shifting the supply curve for bonds to the left.
• C) increase government borrowing, thereby shifting the demand curve for bonds to the right.
• D) reduce government borrowing, thereby shifting the demand curve for bonds to the left.

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Definitions:

REM Behavior Disorder

A sleep disorder characterized by the acting out of dreams due to the lack of normal muscle paralysis during REM sleep phases.

Conscious

The state of being aware of and responsive to one's surroundings and internal thoughts and feelings.

Sleep

A naturally recurring state of rest for the mind and body, characterized by altered consciousness, relatively inhibited sensory activity, and inhibition of nearly all voluntary muscles.

Manifest Content

The actual literal content and storyline of a dream, as opposed to the hidden meaning or latent content that it symbolizes.