Page 163 - Macroeconomics. book docx_Neat

A. High unemployment

B. Rising output

C. Falling prices

D. Low income

13. Monetary policy is conducted by:

A. Government

B. Central bank

C. Households

D. Firms

14. Fiscal policy includes:

A. Taxes and spending

B. Interest rates

C. Exports

D. Imports

15. Net investment equals:

A. Gross investment

B. Gross investment − depreciation

C. Saving

D. Consumption

16. Output gap measures:

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