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Which statement best reflects the government's involvement in the America economy?
the government routinely intervenes to "fine-tune" the economy
consumers spend less and unemployment increases
Real GDP has been slowly increasing for the last few years
changing governemnt spending and taxes to increase economic activity or control inflation
natural tendency of consumers to go through periods of spending more and saving more
increasing or decreasing the money supply to increase economic activity or control inflation
Real GDP is adjusted for inflation
a 17 year old high school student looking for a part time job
Which statement best describes the causes for periods of increased and decreased economic activity?
the government routinely intervenes to "fine-tune" the economy
consumers spend less and unemployment increases
Real GDP has been slowly increasing for the last few years
changing governemnt spending and taxes to increase economic activity or control inflation
natural tendency of consumers to go through periods of spending more and saving more
increasing or decreasing the money supply to increase economic activity or control inflation
Real GDP is adjusted for inflation
a 17 year old high school student looking for a part time job
How is Real GDP different than GDP?
the government routinely intervenes to "fine-tune" the economy
consumers spend less and unemployment increases
Real GDP has been slowly increasing for the last few years
changing governemnt spending and taxes to increase economic activity or control inflation
natural tendency of consumers to go through periods of spending more and saving more
increasing or decreasing the money supply to increase economic activity or control inflation
Real GDP is adjusted for inflation
a 17 year old high school student looking for a part time job
Whish statement best reflects the current Real GDP in America?
the government routinely intervenes to "fine-tune" the economy
consumers spend less and unemployment increases
Real GDP has been slowly increasing for the last few years
changing governemnt spending and taxes to increase economic activity or control inflation
natural tendency of consumers to go through periods of spending more and saving more
increasing or decreasing the money supply to increase economic activity or control inflation
Real GDP is adjusted for inflation
a 17 year old high school student looking for a part time job
During a contracting economy...
the government routinely intervenes to "fine-tune" the economy
consumers spend less and unemployment increases
Real GDP has been slowly increasing for the last few years
changing governemnt spending and taxes to increase economic activity or control inflation
natural tendency of consumers to go through periods of spending more and saving more
increasing or decreasing the money supply to increase economic activity or control inflation
Real GDP is adjusted for inflation
a 17 year old high school student looking for a part time job
What is monetary policy?
the government routinely intervenes to "fine-tune" the economy
consumers spend less and unemployment increases
Real GDP has been slowly increasing for the last few years
changing governemnt spending and taxes to increase economic activity or control inflation
natural tendency of consumers to go through periods of spending more and saving more
increasing or decreasing the money supply to increase economic activity or control inflation
Real GDP is adjusted for inflation
a 17 year old high school student looking for a part time job
What is fiscal policy?
the government routinely intervenes to "fine-tune" the economy
consumers spend less and unemployment increases
Real GDP has been slowly increasing for the last few years
changing governemnt spending and taxes to increase economic activity or control inflation
natural tendency of consumers to go through periods of spending more and saving more
increasing or decreasing the money supply to increase economic activity or control inflation
Real GDP is adjusted for inflation
a 17 year old high school student looking for a part time job
Which statement best describes someone that America considers unemployed?
the government routinely intervenes to "fine-tune" the economy
consumers spend less and unemployment increases
Real GDP has been slowly increasing for the last few years
changing governemnt spending and taxes to increase economic activity or control inflation
natural tendency of consumers to go through periods of spending more and saving more
increasing or decreasing the money supply to increase economic activity or control inflation
Real GDP is adjusted for inflation
a 17 year old high school student looking for a part time job
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