Early in your first term as President of the United States you faced an economy in the beginnings of a recession. Which of the following would represent an example of a fiscal policy you might suggest to deal with this situation?
A. Ask Congress to cut total spending on social programs to avoid running a budget deficit
B. Ask Congress to cut taxes in order to give consumers and businesses more income to spend and invest.
C. Order the Fed to raise the required reserve ratio
D. Urge Congress to give the U. S. Treasury the authority to print more money.
Answers (1)
Know the Answer?
Not Sure About the Answer?
Find an answer to your question 👍 “Early in your first term as President of the United States you faced an economy in the beginnings of a recession. Which of the following ...” in 📗 Business if the answers seem to be not correct or there’s no answer. Try a smart search to find answers to similar questions.
Search for Other Answers
You Might be Interested in
Which statement is true about the retail inventory method? Group of answer choices It may not be used to estimate inventories for interim statements. It may not be used to expedite physical inventory counts. It may not be used by auditors.
Answers (1)
Why does a campground at a national park not necessarily count as a public good?
Answers (2)
A consumer wants to buy a pair of running shoes. What sort of product is this? A. shopping B. unsought C. specialty D. convenience
Answers (1)
Through open market operations, the Federal Reserve buys and sells government securities to influence the supply of bank reserves. When the Fed wants to increase excess reserves held by banks, it does what?
Answers (1)
Gambona Inc. has sales of $200, net income of $20, total assets of $500, and common equity of $250, all in millions.
Answers (1)
New Questions in Business
Non-trade receivables should be reported separately from trade receivables. Why is this statement either true or false? A) It is true because trade receivables are current assets and non-trade receivables are long term.
Answers (1)
In general, a visionary organization asks what three types of questions to specify its foundation, set a direction, and formulate strategies? why, when, where what, by whom, how why, what, how how, when, where who, why, when
Answers (1)
The United States wanted overseas territories because the territories had A) access to ports. B) customers who would buy U. S. products. C) connections with European nations. D) access to raw materials.
Answers (1)
On January 1, Puckett Company paid $1.71 million for 57,000 shares of Harrison's voting common stock, which represents a 40 percent investment. No allocation to goodwill or other specific account was made.
Answers (1)
I'm always cramming to hand in an assignment or take an exam.
Answers (2)