If the Economy Is Falling Below Potential Real GDP,which of the Following

question 151

Multiple Choice

If the economy is falling below potential real GDP,which of the following would be an appropriate fiscal policy to bring the economy back to long-run aggregate supply? An increase in

• A)the money supply and a decrease in interest rates.
• B)government purchases.
• C)oil prices.
• D)taxes.

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Expertise or skills in specific fields, particularly those related to science, engineering, technology, or computing.

Commerce Clause

A provision in the United States Constitution that grants Congress the power to regulate trade between states, with foreign nations, and among Indian tribes.

Article I

Refers to the first article of a constitution, typically outlining the structure and power of the legislative branch in a government.