To correct unemployment from a condition of external balance,a nation will usually have to use:
A) expansionary fiscal policy only
B) easy monetary policy only
C) expansionary fiscal policy and easy monetary policy
D) expansionary fiscal policy and tight monetary policy
Correct Answer:
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Q2: To correct a balance of payments surplus
Q3: To correct a balance of payments deficit
Q4: To correct a balance of payments surplus
Q5: Direct controls refer to:
A)tariffs,quotas,and other quantitative restrictions
Q6: To correct a balance of payments deficit
Q7: The most important economic objective of industrial
Q8: To correct a balance of payments deficit
Q9: Points below internal balance line YY in
Q10: If the BP curve is above the
Q11: To correct unemployment and a balance of
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