On what grounds did Michael Edelstein and Robert Higgs suggest that the overall setback of economic growth as a result of defense spending is small?
A) Defense spending came primarily from the private sector.
B) Defense spending came in lieu of exports.
C) Defense spending mostly replaced consumption rather than investment.
D) Defense spending itself was always very small.
Correct Answer:
Verified
Q9: Which United States President is most closely
Q10: What most accurately describes the ratio of
Q11: During the three decades immediately following World
Q12: Transfer payments include
A) government spending on tanks
Q13: According to _, liberal programs survive attempts
Q15: The "Great Society" initiative led to the
Q16: Between 1940 and 2005, total government spending
Q17: Which of the following MOST accurately describes
Q18: Between 1955 and 2006, the federal government
Q19: Between 1965 and 1972, eight major pieces
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents