In ________, health care spending per person based on income per person is significantly higher than the average for most other countries

You are an economic advisor to the president. You are asked to recommend a policy to promote long-term economic growth in the economy. Which of the following policies would you choose?

A) a reduction in sales taxes B) a reduction in taxes on luxury yachts C) an investment tax credit D) all of the above

Supply-side inflation could be caused by which of the following?

A) an increase in aggregate demand B) a decrease in aggregate demand C) an increase in long-run aggregate supply D) a decrease in long-run aggregate supply