Contractionary Fiscal Policy to Prevent Real GDP from Rising Above

question 302

Multiple Choice

Contractionary fiscal policy to prevent real GDP from rising above potential real GDP would cause the inflation rate to be ________ and real GDP to be ________.

• A)higher; higher
• B)higher; lower
• C)lower; higher
• D)lower; lower

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Definitions:

Collection Class

A Collection Class in Java is part of the Collections Framework, providing an architecture to store and manipulate a group of objects.

Parallelize Operations

Parallelizing operations involves executing multiple processes or computational tasks simultaneously, exploiting multiple processors or cores to improve performance.

Start Method

A method used to initiate certain actions, often found in threads or applications to begin their execution.

Run Method

A method in Java that defines the code executed by a thread or runnable object once it has been started.