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(Last Word) Advocates for a Structural Solution to the Great

Question 55

Multiple Choice

(Last Word) Advocates for a structural solution to the Great Recession argued that


A) government should cut taxes across the board to stimulate demand for goods and services.
B) firms should be allowed to go bankrupt, allowing the economy to correct for resource misallocations.
C) firms in financial distress should be taken over by the government and run for the public good.
D) massive public works projects should be implemented to produce public capital, keep people employed, and help workers maintain job skills.

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