An Appropriate fiScal Policy for Severe Demand-Pull Inflation Is

question 363

Multiple Choice

An appropriate fiscal policy for severe demand-pull inflation is

• A) an increase in government spending.
• B) depreciation of the dollar.
• C) a reduction in interest rates.
• D) a tax rate increase.

---

Definitions:

Objective Reality

The state or quality of being true and existing outside of an individual's feelings, thoughts, or biases.

Collective Consciousness

The body of beliefs that are common to a community or society and that give people a sense of belonging.

Durkheim

A foundational sociologist who explored the complex relationship between individuals and society, emphasizing the importance of social norms and values.

Dramaturgical Perspective

An approach in sociology that depicts human interaction as theatrical performances where individuals are actors playing roles.