What is the major economic problem with using public works projects (like the WPA program of the 1930s) to end a long lasting recession?
A) The generation of a high government deficit
B) The effect of the project on the incentive to work
C) The government's inability to eliminate the project completely when the economy has recovered
D) The increase in the national debt
Correct Answer:
Verified
Q314: Balancing the budget
A)every year could easily be
Q315: The largest portion of the increase in
Q316: The fair or flat tax suggested to
Q317: What is the primary reason that China's
Q318: The impact lag of the economic stimulus
Q320: President George W.Bush billed his $1.35 trillion
Q321: The goals of fiscal policy are (1)_;
Q322: The national debt is the amount of
Q323: Foreign investors owned _% of the publicly
Q324: Major tax cuts were enacted in 198
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