Expansionary Fiscal Policy

question 24

Multiple Choice

Expansionary fiscal policy

• A)raises Real GDP more in an open economy than in a closed economy.
• B)raises Real GDP more in a closed economy than in an open economy.
• C)raises Real GDP equally in an open economy and in a closed economy.
• D)does not affect Real GD"P in an open economy.

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Definitions:

Trochlear

Refers to the fourth cranial nerve, responsible for eye movement.

Abducens

The sixth cranial nerve, which controls the lateral rectus muscle of the eye, responsible for outward eye movement.

Arachnoid Mater

One of the three protective membranes (meninges) that surround the brain and spinal cord, located between the dura mater and pia mater.

Pia Mater

The innermost layer of the meninges, which closely envelops the brain and spinal cord.