Question: Question 5 0 2 pts Table 1 6 - 1 table [ [ Year , Potential Real GDP , Real GDP , Price Level
Question
pts
Table
tableYearPotential Real GDPReal GDPPrice Level$ trillion,$ trillion, trillion, trillion,
Refer to Table Consider the hypothetical information in the table above for potential real GDP real GDP and the price level in and in if Congress and the president do not use fiscal policy. If Congress and the president want to keep real GDP at its potential level in they should
decrease the money supply.
decrease government purchases.
decrease income taxes.
increase the level of interest rates.
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