18. When using fiscal policy to smooth out business cycle fluctuations, the government should: Raise taxes to fight recession Cut taxes to fight inflation Raise taxes to fight inflation Rely as little as possible on automatic stabilizers
18. When using fiscal policy to smooth out business cycle fluctuations, the government should: Raise taxes to fight recession Cut taxes to fight inflation Raise taxes to fight inflation Rely as little as possible on automatic stabilizers 19. The paradox of thrift is an example of: Too much saving relative to exports A fallacy of composition Automatic stabilizers Fractional reserve banking 20. If the US dollar purchases more Mexican pesos: The dollar has
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