Federal budget deficits are often increased by supply-side policies because of their reliance on

a. income tax cuts.
b. income tax increases.
c. increased government spending.
d. decreased government spending.

a

Economics

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Everything else held constant, a change in workers' expectations about inflation will cause ________ to change

A) aggregate demand B) short-run aggregate supply C) the production function D) long-run aggregate supply

Economics

Eighteenth century declines in Atlantic and Caribbean shipping costs were due to:

a. the reduction in armaments on commercial vessels. b. decreased crew sizes. c. falling insurance rates. d. reduced layover times in ports. e. All of the above.

Economics