The stimulus policy drew immediate criticism,
What will be an ideal response?
especially from conservative economists
and politicians, who argued that these policies would increase the deficit and national debt
and would not be effective in helping the economy to recover. Proponents of the stimulus
responded that it was essential to prevent an already very weak economy from slipping into
Great Depression-like conditions
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The income per capita in Genovia is 38,333 Genovian dollars. If 1 Genovian dollar is equal to 0.78 U.S. dollars, the income per capita in Genovia in U.S. dollars, is ________
A) $29,899.74 B) $30,000 C) $3,563 D) $49,144.87
All else constant, an increase in the level of competition among firms would be expected to reduce the amount of X-inefficiency that exists in a particular industry
Indicate whether the statement is true or false