Table 12.4 -Refer to Table 12.4.Consider the Hypothetical Information in the Table

question 153

Multiple Choice

Table 12.4
-Refer to Table 12.4.Consider the hypothetical information in the table above for potential real GDP, real GDP, and the price level in 2017 and in 2018 if the federal government does not use fiscal policy.If the federal government uses fiscal policy successfully to keep real GDP at its potential level in 2018, which of the following will be higher than if the federal government had taken no action?

• A)real GDP and the unemployment rate
• B)real GDP and the inflation rate
• C)real GDP and potential GDP
• D)potential GDP and the inflation rate
• E)potential GDP and the unemployment rate

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Definitions:

Ethical Considerations

Factors related to moral principles and values that influence decision-making processes and actions.

Research

The systematic investigation into and study of materials and sources to establish facts and reach new conclusions.

Participant Observation

A qualitative research method where the researcher immerses themselves in the community or group being studied to observe behaviors and interactions from an insider perspective.

Researcher Confront

The act of a researcher facing directly or challenging mishandled situations, biases, or unethical practices during the research process.