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One of the three economic goals of government is to increase overall ___ produced by businesses and government.Select one:a. Increase Inflationb. Increase Employmentc. Stabilize Pricesd. Increase Output

Question

One of the three economic goals of government is to increase overall ___ produced by businesses and government.Select one:a. Increase Inflationb. Increase Employmentc. Stabilize Pricesd. Increase Output

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Solution

The correct answer is d. Increase Output. One of the main economic goals of a government is to increase the overall output produced by businesses and the government itself. This means increasing the quantity of goods and services produced. This can lead to economic growth and improved standards of living.

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________________ will NOT increase aggregate demand, leading to a higher output, higher employment, and a higher price level.a.increasing government spendingb.decreasing taxesc. increasing government transfersd. decreasing government transfersClear my choice

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