Page 1 of 1
Suppose real GDP in 2022 would be $20.0 trillion 2012 dollars if Congress and the president did not use fiscal policy. S
Posted: Sun May 29, 2022 8:14 pm
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 (14.04 KiB) Viewed 14 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