Question: Quick question - please answer quickly Question 7 (1 point) The appropriate fiscal policy to eliminate a recessionary gap is to O decrease government purchases

 Quick question - please answer quickly Question 7 (1 point) The

Quick question - please answer quickly

appropriate fiscal policy to eliminate a recessionary gap is to O decrease

Question 7 (1 point) The appropriate fiscal policy to eliminate a recessionary gap is to O decrease government purchases of goods and services increase taxes decrease transfer payments0 increase government purchases of goods and servcies increase the budget surplus

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Economics Questions!