Gordon believes that the expansion which began in 1982 did so because of the

A) expansionary monetary policy which was pursued.
B) Reagan tax cuts, the passage of the Economic Recovery Act in 1981.
C) increases in consumer and business firm optimism concerning future business conditions.
D) A and B are both correct.

D

Economics

You might also like to view...

Expansionary fiscal policy leads to an increase in net exports, all other things unchanged.

a. true b. false

Economics

If Panama has a high opportunity cost of producing salmon steaks, then it should export salmon steaks

a. True b. False

Economics