Which of these ideas best supports the argument that the government should take a limited role in the economy?
A) Government programs rely on tax revenues.
B) Government institutions are inherently inefficient.
C) Tax incentives are effective at changing consumption patterns.
D) Economic downturns can be avoided through shrewd economic management.
Correct Answer:
Verified
Q36: The occurrence of stagflation during the 1970s
Q37: A government attempt to stimulate the economy
Q38: With no other changes in economic policy,a
Q39: Between 1965 and 1973,the percentage of Americans
Q40: In 2014,the federal poverty line was set
Q42: Many of today's American welfare programs began
Q43: Despite its extensive welfare programs,New York City
Q44: Starting in the late 1950s,the United States
Q45: Which of these statements expresses a common
Q46: Moral hazard is created when the government
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents