17. Which of the following is used as a remedial measure during inflation in an economy? a. Decrease taxes and government spending b. Increase taxes and decrease government spending c. Decrease taxes and increase government spending d. Increase taxes and government spending

17. Which of the following is used as a remedial measure during inflation in an economy? a. Decrease taxes and government spending b. Increase taxes and decrease government spending c. Decrease taxes and increase government spending d. Increase taxes and government spending

ECON MACRO

5th Edition

ISBN:9781337000529

Author:William A. McEachern

Publisher:William A. McEachern

Chapter12: Federal Budgets And Public Policy

Section: Chapter Questions

Problem 1.2P

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f Congress and the president decide an expansionary fiscal policy is necessary, then they should target higher interest rates by decreasing the money supply. enact policies that increase government spending and decrease taxes. Oenact policies that decrease government spending and increase taxes. O target lower interest rates by increasing the money supply. 2001-20 Note:- Do not provide handwritten solution. Maintain accuracy and quality in your answer. Take care of plagiarism. Answer completely. You will get up vote for sure.
Question 17/28 > NEXT A BOOKMARK 17 The two largest areas of federal spending which impact the U.S. budget are Total Federal Spending 2015: $3.8 Trillion Housing & Community $61.5 billion - 2% Energy & Environment $50.2 billion - 19% 48 bilion-1% International Affairs Science $29.8 billion - 1% Transportation, $85 billion - 2% Education $102.3 bilion - 3%. Social Security Unemployment Labor L$1.275.7 bilion -33% Food & Agriculture. $135.7 biion 4% Veterans Benefits, $160.6 billion-4% Interest on Debt $229.2 bilion -6% Miltary S609.3 bilion - 16% Medicare & Health $1.051.8 billion-27% PRIORITIES nationalpriotes.org A Medicare and Veteran Affairs B Social Security and Interest on the debt C Defense and Education Medicare and Social Security DELL