Expansionary Fiscal Policy in an Open Economy Has a

question 209

Multiple Choice

Expansionary fiscal policy in an open economy has a

• A)greater effect than in a closed economy.
• B)similar effect in a closed economy.
• C)smaller effect than in a closed economy.
• D)greater effect than monetary policy.

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Definitions:

Visual

Pertaining to sight or seeing, often used in the context of learning styles, communication, or presentations.

Gestures

Physical movements made with a part of the body, especially hands and arms, used to express feelings or communicate ideas.

Nonverbal Communication

The transfer of information through body language, facial expressions, gestures, and without using spoken language.

Thumbs-Up

A hand gesture where the thumb is extended upward, commonly used to show approval, agreement, or that everything is good.