Multiple Choice
Suppose that the economy is in the midst of a recession. Which of the following policies would most likely end the recession and stimulate output growth?
A) A congressional proposal to incur a federal surplus to be used for the retirement of public debt.
B) Reductions in agricultural subsidies and veterans' benefits.
C) Postponement of a highway construction program.
D) Reductions in federal tax rates on personal and corporate income.
Correct Answer:
Verified
Correct Answer:
Verified
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