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In 1994, Republicans Introduced Their "Contract with America

Question 14

Multiple Choice

In 1994, Republicans introduced their "Contract with America". This plan:


A) included a PAYGO rule.
B) introduced a balanced- budget amendment to the Constitution.
C) would allow for more policy fine tuning.
D) would restrict the ability of monetary policy to affect the economy in the short run.
E) would make the Federal Reserve even more independent than it already is.

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