Ida May Fuller was the first person to:
A. receive a Social Security check.
B. have her Social Security check adjusted for inflation.
C. receive Social Security payments for over 20 years.
D. petition Congress for indexing Social Security payments.
A. receive a Social Security check.
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Which of the following was one of the main rules in the 1990 "Budget Enforcement Act"?
A) flat tax rate B) spending caps C) indexation of income tax brackets D) consumption tax E) none of the above
If the time for an economy to self-correct is shorter than the active policy lags, then:
a. active policy should be strengthened b. active policy is likely to destabilize the economy. c. time is required to accumulate evidence that the economy is performing below its potential. d. the aggregate demand curve shifts more rapidly than the short-run aggregate supply curve. e. active policy will work better than passive policy.