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The economic impact of ________ during inflationary periods is to moderate upward pressure on price levels.

victor.m.rojas2

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The economic impact of ________ during inflationary periods is to moderate upward pressure on price levels.

Question 1.

From 2007 to 2009, the federal deficit as a percentage of GDP rose from about 2 percent to about 9 percent. This indicates that by 2009

▸ all of the deficit was cyclical.

▸ most of the deficit was cyclical.

▸ all of the deficit was structural.

▸ most of the deficit was structural.

Question 2.

The economic impact of ________ during inflationary periods is to moderate upward pressure on price levels.

▸ tax cuts

▸ positive demand shocks

▸ increases in the money supply

▸ automatic stabilizers

Textbook

Principles of Economics

Edition: 12^th

Authors: Case, Fair, Oster

Read 64 times

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Antoinette12

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More solutions for this book are available here

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victor.m.rojas2 Author

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I appreciate what you did here, answered it correctly Smiling Face with Open Mouth

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