Economic criticisms of Keynesian theories include
A) government spending programs take too long to enact to help the economy.
B) government spending is easier to start than to stop.
C) it is much easier to raise taxes than to cut them.
D) it is not easy to keep the money supply growing by a steady amount every year.
E) government spending programs take too long to enact to help the economy and government spending is easier to start than to stop.
Correct Answer:
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Q12: Between 1965 and 2013 the amount of
Q13: The value of the goods and services
Q14: Adam Smith's "invisible hand" refers to
A)the uncontrollable
Q15: Laissez-faire thought today is often compared as
Q16: In 2013 the U.S national debt was
Q18: The business cycle is
A)the process of investing
Q19: The text observes that in the aftermath
Q20: Monetary policies are largely determined by
A)Congress.
B)state legislatures.
C)select
Q21: By April 2014,the total national debt was
Q22: At the time of Reagan's Economic Recovery
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