Which of the Following Should Be Increased During a Recession

question 21

Multiple Choice

Which of the following should be increased during a recession?

• A) Real interest rates
• B) Government spending
• C) Income taxes
• D) Nominal interest rates

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Definitions:

Markup Percent

The percentage increase applied to the cost price of goods to calculate their selling price.

Selling Price

The amount of money for which a good or service is sold to the buyer.

Imported Tables

Digital or physical tables of data that are brought into a document or database from an external source.

Markup Percent

The rate at which the cost price of goods is marked up to determine their selling price.