Exam 23: Six Debates Over Macroeconomic Policy: Should the Government Fight Recessions With Spending Hikes Rather Than Tax Cuts

Suppose a tax cut affected aggregate demand and aggregate supply.The shift in aggregate supply would make the

Which of the following is not a valid point in debating the merits of increasing government expenditures or cutting taxes during a recession?

According to traditional Keynesian analysis,if the economy is in a recession,the government can move it back towards full employment by

Which of the following is correct? Investment tax credits

In which cases were tax cuts followed by robust growth?

Suppose a tax cut affects aggregate demand and aggregate supply.Which of the shifts raise real GDP?

Which of the following is true of stimulus policy enacted in 2009?

An increase in the money supply

Stimulus spending in 2009 was used for

Which of the following is correct?

According to computer estimates using a traditional macroeconomic model,the Obama administration found that the multiplier for tax cuts and government expenditures were respectively

Suppose a tax cut affects aggregate demand and aggregate supply.Which of the shifts raise the price level?

Which of the following can tax cuts influence?

Which of the following would those in favor of increasing government spending rather than decreasing taxes to prop up aggregate demand probably not agree with?

Which of the following can tax cuts influence?