Which of the Following Is Most Likely to Close a Recessionary

question 116

Multiple Choice

Which of the following is most likely to close a recessionary gap in the economy?

• A)A decrease in the expenditure on infrastructure
• B)An increase in the income tax rate
• C)An increase in the rate of foreign exchange
• D)A decrease in money supply
• E)An increase in the compensation for government employees

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Definitions:

Proved Reserves

Quantities of natural resources like oil or gas that geological and engineering information indicates with reasonable certainty to be recoverable under existing economic and operational conditions.

Current Prices

Prices of goods and services measured during the current year or period, not adjusted for inflation.

Technology

The use of scientific expertise to achieve practical goals, particularly within industrial sectors.

Minerals

Naturally occurring, inorganic substances with a definite chemical composition and physical properties, found in the earth’s crust.