The decision to build more aircraft carriers to keep employment high is an example of:
A) prudent defense spending.
B) expansionary fiscal policy.
C) neutral fiscal policy.
D) being prepared to defend our country.

Question

Quizplus · Accepted Answer

Building more aircraft carriers to keep employment high is an example of expansionary fiscal policy, as it involves the government increasing spending to boost economic growth and employment. This decision is not necessarily related to prudent defense spending or being prepared to defend our country. Neutral fiscal policy involves maintaining a stable level of government spending and taxation without actively stimulating or slowing down the economy.

The Decision to Build More Aircraft Carriers to Keep Employment