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mstructions: ror paris d$-$c$,$ ill oruer to receive IUll creull, you must make a selection ior eacil option. ror correct ariswer$($s$),$ click the box once to place a check mark. For incorrect answer$($s$),$ click the option twice to empty the box.

a$.$ What are the classical strategy options for macro policy?

$3$ Tax cuts so consumers can spend more

$3$ Reduction in trade barriers to make imported inputs less expensive

$?$ Increase aggregate supply

$?$ Increase aggregate demand

$?$ Market self$-$adjustment

b$.$ What are the Keynesian strategy options for macro policy?

$?$ Increase in government spending

$?$ Laissez faire

$3$ Deregulation to make it easier and cheaper to supply more output

$3.$ Reduction in trade barriers to make imported inputs less expensive

$3$ Lower interest rates to encourage spending and investment

c$.$ What are the supply$-$side strategy options for macro policy?

$3$ Laissez faire

$13$ Deregulation to make it easier and cheaper to supply more output

$?$ Lower interest rates to encourage spending and investment

Increase aggregate demand

$7$ Market self$-$adjustment

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$?$ Deregulation to make it easier and cheaper to supply more output

Tax incentives to encourage more work

$?$ Lower interest rates to encourage spending and investinent

$?$

Laissez faire

$?$Tax cuts so consumers can spend more

$3,$ Market self$-$adjustment

$?$ Tax incentives to encourage more work

Increase aggregate demand

$3$ Increase aggregate supply

$?$ Increase in government spending

Increase aggregate supply

$?$ Tax incentives to encourage more work

$2$ Reduction in trade barriers to make imported inputs less expensive

Tax cuts so consumers can spend more

c$.$

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