If the Economy Starting at Full-Employment Output Begins to Enter

question 111

Multiple Choice

If the economy starting at full-employment output begins to enter into an expansion,one would expect Congress and the president to conduct ________ policy.

• A) expansionary fiscal
• B) expansionary monetary
• C) contractionary fiscal
• D) contractionary monetary
• E) countercyclical monetary

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Definitions:

Tone Of Voice

The vocal quality, pitch, and emotion used during conversation that affects the meaning of the message.

Tinnitus

A common condition involving the perception of noise or ringing in the ears, which is not caused by an external sound.

Subjective

Relating to or denoting a perspective which is based on personal feelings, tastes, or opinions, rather than external facts or evidence.

Objective

An aim or goal that is intended to be achieved, often used in research, project planning, and personal development.