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In 2000, Many Economists Believed That the Most Serious Macroeconomic

Question 115

Multiple Choice

In 2000, many economists believed that the most serious macroeconomic problem confronting the U.S.economy was an inflationary gap.Which policies would be effective in dealing with this problem?


A) Increase transfer payments.
B) Increase government purchases.
C) Decrease personal income taxes.
D) Increase personal income taxes.

Correct Answer:

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