The key goal of monetary policy is to
A: reverse the productivity growth slowdown.
B: keep the budget deficit small and/or the budget surplus large.
C: lower taxes.
D: maintain low inflation.
A: reverse the productivity growth slowdown.
B: keep the budget deficit small and/or the budget surplus large.
C: lower taxes.
D: maintain low inflation.
举一反三
- If net taxes exceed government expenditures, the government sector has a budget ________ and government saving is ________. A: surplus; positive B: surplus; negative C: deficit; positive D: deficit; negative
- An increase in the government ________ reduces the government's ________. A: budget deficit; debt B: budget surplus; debt C: debt; budget deficit D: None of the above answers is correct.
- Industrial group Confindustria warned that ______. A: the attacks on U. S. targets lead to the comparatively lower growth B: the growth had been well short of the government's target C: the budget deficit must be about 1.5% D: the budget deficit will probably be greatly different from the country's promise
- Cutting income tax rates will most likely cause A: a large shift in the AD-curve but a small shift in the AS-curve B: a small shift in the AD-curve but a large shift in the AS-curve C: a large increase in output resulting in a large increase in tax revenues D: a budget deficit so large that income growth is no longer possible E: both B) and C)
- To tighten fiscal policy the government would: A: Privatise government assets B: Raise interest rates C: Increase the size of the budget deficit D: Lower government spending