Fiscal policy can be implemented more quickly than monetary policy

Indicate whether the statement is true or false

FALSE

Economics

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Economists first began studying the relationship between changes in aggregate expenditures and changes in GDP

A) at the end of the Civil War. B) during the Great Depression. C) during the Industrial Revolution. D) in the 1950s.

Economics

Taxes on specific goods such as cigarettes, gasoline, and alcoholic beverages are called

a. sales taxes. b. excise taxes. c. social insurance taxes. d. consumption taxes.

Economics