Conservatives explain the big deficits of the 1980s as the result of
A) Congressional unwillingness to cut taxes.
B) the trade deficit.
C) Congress's inability to cut social spending.
D) the deep stagflation of this period.
Correct Answer:
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Q6: Conservative fiscal policy includes all of the
Q7: In the early 1980s, to stimulate the
Q8: Compared to the 1990s, debt as a
Q9: During the 1980s, the nominal value of
Q10: An example of crowding-out would be the
A)
Q12: Which group is most often identified with
Q13: Radicals claim that
A) neither deficit spending nor
Q14: Functional finance refers to the concept that
A)
Q15: According to the Radical view, the growth
Q16: According to the Liberal paradigm, cyclical deficits
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