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Dovator [93]
3 years ago
8

Which fiscal policy strategy do you think policymakers would use in each of these scenarios? (

Business
1 answer:
anzhelika [568]3 years ago
8 0
The fiscal policy strategy for policymakers in the first scenario of rising inflation and real GDP up 4% could be to raise interest rates to make money more expensive to get a loan and thus cool inflation and in the second scenario if GDP is downn and unemployment is 10% would be to lower the interest rate to make borrowing easier to make it easier for potential employers to advance theri projects and thus promote employment.
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A cost that cannot be avoided or changed because it arises from a past decision, and is irrelevant to future decisions, is calle
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e. Sunk cost.

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6 0
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explanation:

  • this question was already answered
  • credits: brainly.com/question/1957314

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