If the economy is experiencing a large recessionary gap

Assignment Help Business Economics

Reference no: EM13836493

If the economy is experiencing a large recessionary gap, what dicretionary policy might the government use to get the economy out of the output gap?

a. increased corporate taxes

b. increased income taxes

c. increased claims for unemployment

d. increased government spending

Reference no: EM13836493

Questions Cloud

Long-run consequences of large sustained budget deficits : Which of the following is not one of the long-run consequences of large sustained budget deficits?

Discretionary fiscal policy more difficult to appropriately : Which of the following makes discretionary fiscal policy more difficult to use appropriately?

Demand for rounds of golf-unform pricing plan : At Northvale Golf club the demand for rounds of golf by each one of the 100 identical senior golf members is given by Dsr in Figure 14.3. Northvale's annual fixed costs are $500,000 and variable costs are constant and equal to $30 per round. If the m..

Write an academic report as per the format outlined : Students are required to write an academic report as per the format outlined in chapter 5 of the textbook. The report must follow Harvard citation and referencing guidelines.

If the economy is experiencing a large recessionary gap : If the economy is experiencing a large recessionary gap, what dicretionary policy might the government use to get the economy out of the output gap?

Increase in gdp compared to tax cut of same size : Theoretically, government spending should always result in ________ increase in GDP compared to a tax cut of the same size because

The money wage rises : If the money wage rises, all else equal, economists would expect

Write script about scenario that resolves the situation : Imagine that a customer visits your company complaining about a missing button on a shirt that he or she purchased last week. Using the steadiness personality style, write a script about the scenario that resolves the situation.

Define full employment and price stability : Define "Full Employment" and "Price Stability". Define, measure, and discuss why inflation is a problem. Define and measure unemployment.

User Account

All Pages