"If Congress cuts income taxes, demand for output is likely to increase" is a ________ statement about ________ policy.
A) positive; fiscal
B) normative; fiscal
C) positive; monetary
D) normative; monetary
Correct Answer:
Verified
Q128: All of the following are examples of
Q129: "Privatization of government owned industries is a
Q130: Which of the following statements is normative?
A)When
Q131: "Any tax cut to increase demand for
Q132: Economic analysis is useful in resolving all
Q134: All of the following are examples of
Q135: "The Federal Reserve should raise interest rates
Q136: Which of the following statements is positive?
A)Tax
Q137: "Social Security should be privatized to get
Q138: Analysis that aims at determining only the
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