ECON100 Week 10 Chapter 15 Quiz - ECON100 Week 10 Chapter 15 Quiz 1 Contractionary policies are policies designed to A B C D increase the federal

ECON100 Week 10 Chapter 15 Quiz - ECON100 Week 10 Chapter...

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ECON100 Week 10 Chapter 15 Quiz1.Contractionary policies are policies designed toA. increase the federal deficit.B. increase government spending.C. increase the level of real GDP.D. reduce the level of real GDP.2.In order to ________, a government must increase spending and decrease taxation.3.A decrease in the personal income tax rate ________ disposable income which ________ consumption.4.Expansionary policies are government policies that5.Which component of federal spending is included in GDP?A. capital supplyB. net exportsC. transfer paymentsD. government purchases
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  • Summer '11
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  • Deficit, Public Finance, Econ100 Week 10 Chpt 15 Quiz, budget deficits, government spending, decrease aggregate supply

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