Consider the Hypothetical Information in the Following Table for Potential

question 58

Multiple Choice

Consider the hypothetical information in the following table for potential GDP, real GDP and the price level in 2016 and in 2017 if the government does not use fiscal policy.

If the government wants control inflation while keeping real GDP at its potential level in 2017, it should:

• A)increase income taxes.
• B)increase government purchases.
• C)decrease interest rates.
• D)increase interest rates.

Identify and categorize examples of species within a given genus.

Understand the relationship between genus and species in classification.

Recognize how classification principles apply to both concrete and abstract concepts.

Apply rules of proper classification including mutual exclusivity and joint exhaustiveness.