Choose the Correct Statement

question 96

Multiple Choice

Choose the correct statement.

• A)Contractionary fiscal policy can eliminate inflationary pressure.
• B)Eliminating an inflationary gap is very simple - calculate the size of the gap and the size of the multiplier, then change government expenditure for an immediate decrease in real GDP.
• C)When an economy is in an above full-employment equilibrium, an equal decrease in government expenditure and autonomous taxes cannot return the economy to full employment.
• D)When an economy is in an above full-employment equilibrium, an increase in taxes will decrease aggregate demand, but because the autonomous tax multiplier is smaller than the government expenditure multiplier, the economy will not return to potential GDP.
• E)All of the above

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Definitions:

Data Lake

A central repository that stores all of an organization’s data, regardless of their source or format.

Central Repository

A centralized storage location where data or software is kept and managed for easy access and sharing.

Source

Origin or starting point of something, in computing it often refers to the place where data comes from or the code base of software.

Data Marts

Subsets of data warehouses tailored to meet the specific needs of a particular business line or department, making data more readily accessible.