Expansionary Fiscal Policy Is Typically Used to _____ Aggregate Demand

question 267

Multiple Choice

Expansionary fiscal policy is typically used to _____ aggregate demand in order to _____.

• A) increase; avoid a recession
• B) decrease; avoid a recession
• C) increase; slow down an overheated economy
• D) decrease; slow down an overheated economy

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Definitions:

Promissory Note

A written promise to pay a specified amount of money, usually with interest, at a determined future date.

Payee

The person or company to whom the check is payable.

Drawer

Person who writes a check.

Maker

One promising to pay a note.