Fiscal Policy Actions That Are Intended to Have Long-Run Effects

question 297

Multiple Choice

Fiscal policy actions that are intended to have long-run effects on real GDP attempt to increase ________ through changing ________.

• A)aggregate demand; government spending
• B)aggregate supply; taxes
• C)aggregate demand; taxes
• D)aggregate supply; government spending

---

Definitions:

House Prices

Refers to the amount of money required to purchase residential properties or homes.

Classes

In the context of education, sessions or courses where instruction on a particular subject is given.

Cumulative Frequency

A summary measure which counts the number of observations that fall below a particular value in a dataset.

Graphical Display

Visual representations of data, including charts, graphs, and plots, used to convey information clearly and efficiently.