The point of diminishing returns means that output will decrease at an increasing rate

The democratic political process is weighted in a manner that favors

A) contractionary over expansionary fiscal and monetary policies because changes in aggregate demand tend to affect output before they affect the price level. B) contractionary over expansionary fiscal and monetary policies because changes in aggregate demand tend to affect the price level before they affect output. C) expansionary over contractionary policies because changes in aggregate demand tend to affect output before they affect the price level. D) expansionary over contractionary policies because changes in aggregate demand tend to affect the price level before they affect output.

From the end of the World War II, the debt-GDP ratio in the United States fell almost without interruption to a low point in ________, which marked the beginning of a long-run climb

A) 1955 B) 1962 C) 1974 D) 1984 E) 1990