Economists who argue in favor of rapid deficit reduction claim that deficit reduction will
a. reduce crowding in, reduce interest rates, and increase AS.
b. stimulate AD and productivity.
c. trigger crowding in, increase investment, and increase AS.
d. reduce crowding out, increase investment, and increase AS.
d
Economics
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The most important item in the public assistance (welfare) package is
a. Aid to Families with Dependent Children b. Medicaid c. Medicare d. food stamps e. housing subsidies
Economics
Below the full-employment level of output, per-unit production costs rise and firms must receive higher product prices for them to be profitable.
Answer the following statement true (T) or false (F)
Economics