If the economy has an inflationary GDP gap, one possible solution is to increase taxes.

The use of government taxes and spending to alter macroeconomic outcomes is known as

When the APC is greater than 1, the APS must be

According to classical economists, market-driven economies

A positively sloped aggregate supply curve reflects

The desired fiscal restraint is equal to

Stagflation is the result of

With respect to the aggregate demand curve, improved consumer confidence would

When the Federal Reserve System buys bonds in the open market, the national debt

Keynes believed that a market-driven economy was inherently unstable.