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MMLU-Pro / 7228 / If the economy is experiencing a recession how will a plan to decrease taxes for…

Problem

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question

If the economy is experiencing a recession how will a plan to decrease taxes for consumers and increase spending on government purchases affect real gross domestic product (GDP) and the price level?

category

economics

options

  1. real GDP remains the same and the price level falls.
  2. real GDP rises and the price level remains the same.
  3. real GDP rises and the price level rises.
  4. the effects on real GDP and the price level are uncertain.
  5. real GDP falls and the price level remains the same.
  6. real GDP falls and the price level rises.
  7. real GDP and the price level both remain the same.
  8. real GDP rises and the price level falls.
  9. real GDP remains the same and the price level rises.
  10. real GDP falls and the price level falls.

src

ori_mmlu-high_school_macroeconomics

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Official source

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