In the Long Run, Expansionary Fiscal Policy

question 37

Multiple Choice

In the long run, expansionary fiscal policy

• A) increases the trade deficit.
• B) strengthens the exchange rate.
• C) increases imports.
• D) crowds out interest-sensitive spending.
• E) all of the above.

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Definitions:

Decertifying

The process of revoking or withdrawing certification or official recognition, often used in the context of labor unions or professional certifications.

Removing Union

The process or action of eliminating a labor union's presence or influence within a workplace or company.

Optimal Experience

A state of happiness and satisfaction characterized by absorption in a challenging and personally rewarding task.

Self-consciousness

An acute sense of self-awareness that makes an individual overly aware of their own actions, appearances, or feelings, often leading to feelings of awkwardness or embarrassment.