Table 27-2 -Refer to Table 27-2. Consider the Hypothetical Information in the Hypothetical

question 197

Multiple Choice

Table 27-2

-Refer to Table 27-2. 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) buy Treasury securities.
• B) conduct expansionary fiscal policy.
• C) decrease government purchases.
• D) decrease the discount rate.

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Definitions:

Coping Capacity

An individual's ability to effectively deal with stress, adversity, or challenges through various psychological and behavioral strategies.

Wants And Needs

Desires and necessities that drive individual behavior; wants are often driven by personal preference, while needs are essential for well-being and survival.

Evaluation And Termination

The process of critically appraising an intervention, project, or employee’s performance and the decision to end or conclude it based on outcomes.

Goal Attainment

The achievement or realization of objectives or targets that have been set.