uring a recession, fiscal policy measures to bring the economy back to long-run equilibrium can include Select one: a. all answers are correct b. an increase in the exchange rate c. temporary wage subsidy d. a decrease in interest ra
uring a recession, fiscal policy measures to bring the economy back to long-run equilibrium can include Select one: a. all answers are correct b. an increase in the exchange rate c. temporary wage subsidy d. a decrease in interest ra
Macroeconomics: Private and Public Choice (MindTap Course List)
16th Edition
ISBN:9781305506756
Author:James D. Gwartney, Richard L. Stroup, Russell S. Sobel, David A. Macpherson
Publisher:James D. Gwartney, Richard L. Stroup, Russell S. Sobel, David A. Macpherson
Chapter12: Fiscal Policy, Incentives, And Secondary Effects
Section: Chapter Questions
Problem 3CQ
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Question
During a recession, fiscal policy measures to bring the economy back to long-run equilibrium can include
Select one:
a. all answers are correct
b. an increase in the exchange rate
c. temporary wage subsidy
d. a decrease in interest rate
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