There is widespread ____ about the causes of poverty and widespread _____ about how to alleviate poverty.

Why wasn't the stimulus passed in 2009 effective in reducing unemployment during the recession of 2009-10?

A) Congress cut the size of the final package, it was skewed toward tax cuts, and it was only 25% of the amount needed to restore GDP to full employment. B) The administration mismanaged it—and it was much too large. C) Fiscal policy is ineffective in a liquidity trap. D) Tax cuts and interest rate cuts would have been effective, but they were politically undesirable.

Refer to Figure 4-9. For each unit sold, the price sellers receive after the tax (net of tax) is

A) $12. B) $8. C) $4.40. D) $3.