Personal Finance
Personal Finance
13th Edition
ISBN: 9781337669214
Author: GARMAN
Publisher: Cengage
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How do financial institutions benefit the overall economy?
What factors Influence the spending behavior of the different sectors of the economy? How do behavior changes in these sectors influence the level of output and income in the overall economy? Can policy makers ("FED", Congress) maintain stable prices, full employment and sustainable,
Through utilizing fiscal policy, i.e. varying ________ and/or ___________, governments achieve goals for output and employment growth as well as price stability.a. interest rates, financial liberalizationb. inflation, tax elasticityc. tax rates, government spendingd. interest rates, tax rates
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