Which of the following fiscal programs is least likely to affect aggregate demand?
A) Defense spending
B) Road construction
C) Grants for scientific research and development
D) Social Security for women
E) Government purchases of labor
Correct Answer:
Verified
Q23: When spending by the federal government exceeds
Q24: To close a recessionary gap using fiscal
Q25: A federal budget deficit occurs when:
A)there is
Q26: If government purchases increase and net taxes
Q27: When net taxes increase and government purchases
Q29: A change in net taxes affects the
Q30: Figure 11.1 shows the relationship between the
Q31: All of the following are likely to
Q32: Which of the following would increase aggregate
Q33: A tax is considered to be independent
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