Suppose real GDP in 2022 would be $20.0 trillion 2012 dollars if Congress and the president did not use fiscal policy. S

Business, Finance, Economics, Accounting, Operations Management, Computer Science, Electrical Engineering, Mechanical Engineering, Civil Engineering, Chemical Engineering, Algebra, Precalculus, Statistics and Probabilty, Advanced Math, Physics, Chemistry, Biology, Nursing, Psychology, Certifications, Tests, Prep, and more.
Post Reply
answerhappygod
Site Admin
Posts: 899603
Joined: Mon Aug 02, 2021 8:13 am

Suppose real GDP in 2022 would be $20.0 trillion 2012 dollars if Congress and the president did not use fiscal policy. S

Post by answerhappygod »

Suppose Real Gdp In 2022 Would Be 20 0 Trillion 2012 Dollars If Congress And The President Did Not Use Fiscal Policy S 1
Suppose Real Gdp In 2022 Would Be 20 0 Trillion 2012 Dollars If Congress And The President Did Not Use Fiscal Policy S 1 (14.04 KiB) Viewed 13 times
Suppose real GDP in 2022 would be $20.0 trillion 2012 dollars if Congress and the president did not use fiscal policy. Suppose potential real GDP in 2022 is $20.2 trillion. Suppose Congress and the president use fiscal policy to bring real GDP to its potential level. What effect, if any, will that fiscal policy have on the inflation rate? O The fiscal policy will decrease the inflation rate. O The fiscal policy will not affect the inflation rate. The fiscal policy will increase the inflation rate. 10
Join a community of subject matter experts. Register for FREE to view solutions, replies, and use search function. Request answer by replying!
Top
Post Reply

Return to “Archived Questions & Answers”