Despite the huge increase in American exports of manufactures and the importation of primarily luxury goods in 1880–1910, the American market for American products was still largely self-sufficient

Is there a tradeoff between fiscal policy that is timely and fiscal policy that is targeted?

A. No, the video gives several examples of timely fiscal policy that was targeted. B. Yes, because it takes a very long time to decide what the targets should be. C. Yes, because the industries that need help also move the slowest. D. Yes, because it's hard to create targeted fiscal policy quickly.

Suppose that you took out a $1000 loan in January and had to pay $75 in annual interest. During the year, inflation was 6 percent. Which of the following statements is CORRECT?

What will be an ideal response?