Table 16-1 -Refer to Table 16-1.Consider the Hypothetical Information in the Table

question 246

Multiple Choice

Table 16-1

-Refer to Table 16-1.Consider the hypothetical information in the table above for potential real GDP,real GDP and the price level in 2013 and in 2014 if the Congress and the president do not use fiscal policy.If the Congress and the president want to keep real GDP at its potential level in 2014,they should

• A)decrease income taxes.
• B)decrease government purchases.
• C)decrease the money supply.
• D)increase the level of interest rates.

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Definitions:

Immigration Reform

Changes in policy aimed at addressing issues related to immigration, including laws, regulations, and procedures governing how people migrate to a new country.

Social Gospel Movement

A religious movement in the late 19th and early 20th centuries that sought to apply Christian ethics to social problems such as poverty, alcoholism, crime, racial tensions, slums, bad hygiene, child labor, inadequate labor unions, poor schools, and the danger of war.

Founding Voice

A term referencing the influential individuals or guiding principles at the origin of an organization, movement, or nation.

Frances Willard

A prominent 19th-century American educator, temperance reformer, and women's suffragist known for her leadership of the Woman's Christian Temperance Union (WCTU).