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Which of the following fiscal policy action would cause the economy to contract? a. raise taxes c. decrease the money supply b. increase government expenditures d. balance the budget
The following fiscal policy action would cause the economy to contract: decrease the money supply.
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Asked 11/4/2013 1:37:33 PM
Updated 1/3/2016 8:54:51 AM
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The following fiscal policy action would cause the economy to contract: decrease the money supply.
Added 1/3/2016 8:54:51 AM
This answer has been confirmed as correct and helpful.
Confirmed by jeifunk [1/3/2016 9:25:27 AM]
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true or false. The multiplier effect is the idea that every dollar of government spending creates more than one dollar in economic activity.
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Updated 8/4/2016 2:38:49 PM
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The multiplier effect is the idea that every dollar of government spending creates more than one dollar in economic activity. TRUE.
Added 8/4/2016 2:38:49 PM
This answer has been confirmed as correct and helpful.
The Federal Reserve a. is made up of 12 district banks and 25 branch banks. b. is made up of district banks that operate independently from one another. c. is managed by a 52-member board of directors. d. was established in 1930s.
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Updated 9/30/2016 8:44:37 AM
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The Federal Reserve is made up of 12 district banks and 25 branch banks.
Added 9/30/2016 1:45:08 AM
This answer has been confirmed as correct and helpful.
Confirmed by Andrew. [9/30/2016 3:31:44 AM]
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