please answer the following

Anonymous
timer Asked: Mar 29th, 2016

Question description

1) When unemployment is high and inflation is low, the period is called

a) 

Expansion

b) 

Recession

c) 

Deflation

d) 

Stagnation

2) During high inflation and low unemployment rate government should enact

a) 

Fiscal policy

b) 

Expansionary policy

c) 

Contractionary policy

d) 

Monetary policy

3) Which of the following policies can help the economy during high unemployment and low inflation:

a) 

Increase taxation

b) 

Increase government spending

c) 

Decrease imports

d) 

Decrease investment


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