Japanese Prime Minister Ryutaro Hashimoto was called the "Herbert Hoover of Japan" because he
A) looked like a very distinguished politician.
B) advocated vast public works to combat unemployment.
C) advocated budget deficit reduction in the midst of a recession.
D) advocated easier monetary policy and lower interest rates to combat recession.
Correct Answer:
Verified
Q37: National debt is the result of previous
Q38: Deficit is the difference between government expenditures,
Q39: If national debt is owned by domestic
Q40: Crowding in occurs when government spending, by
Q41: The structural deficit does not depend on
Q43: U.S.national debt at the end of the
Q44: No nation needs default on debts that
Q45: If the economy is in a recessionary
Q46: Restrictive fiscal policies
A)pull interest rates down.
B)push interest
Q47: No nation needs default on debts that
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