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A policy of expansionary austerity involves increasing government spending to increase private-sector confidence, leading to an increase in output and employment.
Q33: Policies that expand output and decrease unemployment
Q56: If the money supply decreases by 5%,
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Q116: The pound sterling floats. If the exchange
Q129: If the economy is at potential output
Q153: If the short-run Phillips curve has shifted
Q179: Assume that the economy is contracting and
Q223: Scenario: Money and Interest Rates Banks decide
Q251: Assume the money supply doubles, followed by
Q261: (Figure: Monetary Policy I) Refer to Figure: