For a Given Level of Equilibrium GDP,a Tight-Money/easy-Fiscal Policy Mix

question 80

Multiple Choice

For a given level of equilibrium GDP,a tight-money/easy-fiscal policy mix compared with easy-money/tight-fiscal policy mix implies a

• A)lower interest rate.
• B)lower level of investment.
• C)higher level of taxation.
• D)lower level of government expenditures.

---

Definitions:

Discipline

A field of study or branch of knowledge; also refers to the practice of training to obey rules or a code of behavior.

Queer Theory

An academic field that explores the variability of sexual orientations and gender identities, challenging the binaries of male/female and heterosexual/homosexual.

High Modernity

A concept referring to the stage of social development marked by a strong faith in progress, science and technology, and the rational organization of society.

Globalization

The process of increasing interconnectivity and interdependence among countries worldwide through trade, investment, technology, culture, and politics.