The outcome of higher energy price and easy credit conditions will be:
A) output may increase or decrease or remain the same.
B) output will decrease.
C) output will increase.
D) price may increase or decrease or remain the same.
Correct Answer:
Verified
Q58: Consider a negative demand shock and determine
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Q65: Expansionary fiscal policy:
A) decreases aggregate demand.
B) occurs
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Q68: Fiscal policy attempts to:
A) influence interest rates
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