Policy Makers Use a Contractionary Fiscal Policy When They Want

question 83

Multiple Choice

Policy makers use a contractionary fiscal policy when they want to close:

• A) a recessionary gap.
• B) any kind of output gap.
• C) an inflationary gap.
• D) an open economy.

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Definitions:

Successful Integrative Negotiator

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Mutual Exclusivity

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Solutions to negotiations that involve creative problem solving to achieve a win-win outcome for all parties.

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