Keynes believed that the best method for tackling recessions was to reduce government spending and raise taxes, thereby reducing the federal budget deficit

Typically, restrictions to "save domestic jobs" simply redistribute jobs by creating:

a. employment in the protected industry and reducing employment elsewhere. b. employment in nonprotected industries and reducing employment in the protected industry. c. inflation in the overall economy. d. employment in the primary sector at the expense of the secondary sector. e. labor unions in the protected industries at the expense of employment in nonunionized industries

Price supports can help farmers to better compete internationally

Indicate whether the statement is true or false