In 1961, President John F. Kennedy, acting upon advice from his economists, proposed tax cuts. The advice he received
a. was opposed to the teaching of Keynes, who had taught that tax cuts were counterproductive.
b. was opposed to the teaching of Keynes, who had taught that all attempts to stabilize the economy were futile.
c. came from economists who had studied Keynes's ideas when those ideas were only a few years old.
d. came from economists who were unaware of Keynes's ideas because those ideas had not yet been widely disseminated at that time.
c
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One of the primary objectives of the WTO is:
a. to create trade restrictions across the countries. b. to reduce trade barriers created by the different countries. c. to enable certain countries to maintain their autarkic conditions. d. to enable the western countries to emerge as major players in the international trade. e. to redistribute wealth from the first world to the third world countries.
As long as the debt is internally held, there are no problems associated with the government going into debt
Indicate whether the statement is true or false