If the economy expands beyond the level of full employment,what is the outcome?
A) inflation
B) lower interest rates
C) unemployment
D) recession
Correct Answer:
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Q49: Use the following to answer questions
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Q50: Use the following to answer questions
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Q51: Use the following to answer questions
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Q52: Increasing taxes to fight inflation is an
Q53: If the economy is below full employment
Q55: Which of the following measures is an
Q59: When the economy is at full employment,an
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Q260: Contractionary fiscal policy
A) increases aggregate demand.
B) decreases
Q321: The solution to simultaneous deflation and unemployment
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