1.
During Stagflation ?
I- an increase in aggregate spending will eliminate the recession
II- a decrease in aggregate spending will reduce inflation
III- government faces contradictory goals
IV- the central bank decease money supply to reduce inflation

2.
Inflation is measured by the ?
I- consumer price index (CPI)
II- GDP deflator
III- current account
IV- depreciation

3.
fiscal incentives to attract businesses from abroad include ?
I- tax holidays
II- accelerated depreciation
III- import duty relief
IV- lower tax rates for reinvested business profits

4.
If people with higher incomes pay a higher percentage of income in taxes, the income tax structure is ?

5.
The Bank of England and the Federal Reserve ?

6.
Monetary policy effects the _________ and __________?

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