Econ 201 Principles of Economics Exam Questions and Answers 2022
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Econ 201 Principles of Economics Exam Questions and Answers 2022 Policies taken to move the economy closer to potential output Are called stabilization policies What are the two tools of fiscal pol... icy that governments can use to stabilize an economy government spending and taxation Contractionary policies are policies designed to reduce the level of real GDP Expansionary policies are policies designed to increase the level of real GDP A White House proposal to increase infrastructure spending on roads, rail lines, and runways, is an example of expansionary fiscal policy In order to _____, a government must increase spending and decrease taxation increase aggregate demand [Show More]
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