If the economy is expecting a severe recession, which fiscal policy would you recommend?

A. Reduce spending for welfare programs.
B. Reduce overall government spending.
C. Increase taxes to reduce consumption.
D. Reduce personal and corporate income taxes.

D. Reduce personal and corporate income taxes.

Economics

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Comparable worth legislation

A) guide markets toward the economically efficient wage. B) mandate that employers pay the same wages to workers, regardless of their gender, for jobs that have comparable worth. C) will eliminate the earnings gap between men and women. D) mandate that potential employers demonstrate that they are worth the wages they expect to earn.

Economics

European governments accepted prolonged periods of unemployment in the 1990s in order to reduce inflation.

Answer the following statement true (T) or false (F)

Economics