The Obama administration believed that transfer payments to the unemployed would have a larger impact on aggregate demand than tax cuts

a. True
b. False
Indicate whether the statement is true or false

True

Economics

You might also like to view...

Which point in the figure above is an attainable combination that would have unemployed resources?

A) point A B) point B C) point C D) point D E) point A and point B

Economics

Estimating the value of an injured or deceased person's life by calculating what he or she would have earned over the remainder of his or her life is called the

A) compensating differential approach. B) death-and-taxes approach. C) lost-income approach. D) earnings-bracket approach.

Economics