Keynesian economic theory would encourage lawmakers to run federal deficits during a recession to give a short-term boost to the economy but would encourage lawmakers to cut government spending when the economy is strong and consumer demand is high.
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Q2: When the economy goes into a deep,
Q3: What did the Employment Act of 1946
Q6: Tax policy is inherently conflictual because:
A) America
Q8: Economists consider the natural rate of unemployment
Q8: High interest rates can have serious effects
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Q11: Payroll taxes are a regressive tax.
Q13: The Treasury Department is responsible for coordinating
Q14: Budgetary spending that is required by law
Q18: Supporters of the Federal Reserve System argue
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