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During the late 1960s, real GDP increased, unemployment fell, and the inflation rate started to rise

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During the late 1960s, real GDP increased, unemployment fell, and the inflation rate started to rise

During the late 1960s, real GDP increased, unemployment fell, and the inflation rate started to rise. Which would have been the appropriate federal government policy combination to improve economic performance by lowering the inflation rate?
A) increase government expenditures, decrease taxes, increase the quantity of money
B) increase government expenditures, decrease taxes, decrease the quantity of money
C) decrease government expenditures, increase taxes, decrease the quantity of money
D) do not change government expenditures or taxes , increase the quantity of money
E) increase government expenditures, decrease taxes, do not change the quantity of money

Textbook

Essential Foundations of Economics

Edition: 7^th

Authors: Bade, Parkin

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Start by doing what's necessary; then do what's possible; and suddenly you are doing the impossible.

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Loraine Author

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8 years ago

Brilliant ツ

Jadakiss

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

Marcie D

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Just got PERFECT on my quiz

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