The major points of the Conservative views presented in the chapter include five arguments. Which of the following three are included:
A) A growing national debt places a heavy burden on the economy, a growing national debt has no impact on the economy, government spending is mostly wasteful
B) A growing national debt places a heavy burden on the economy, deficit spending crowds out private investment, government spending improves the quality of life.
C) A growing national debt places a heavy burden on the economy, government spending is mostly wasteful, deficit spending creates inflation.
D) A growing national debt places a heavy burden on the economy, deficit spending reduces inflation, deficit spending crowds out private investment.
Correct Answer:
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Q1: The major points of the Conservative views
Q3: When the book refers to a policy
Q4: 2012 presidential candidate Mitt Romney was in
Q5: In the 2012 presidential election, President Barack
Q6: Deficit hawks believe:
A) That even underweight mice
Q7: The crowding out argument states that
A) When
Q8: Progressives respond to the crowding out analysis
Q9: Conservatives argue that government spending leads to
Q10: A conservative member of Congress once famously
Q11: Why do conservatives believe government cannot create
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