Multiple Choice
In 2010, which of the following was true regarding the extremely large deficits that the United States recently encountered?
A) Most politicians and economists argued that the deficit had to be reduced.
B) Most politicians argued that the deficit had to be reduced but economists cautioned against this course of action.
C) Most economists argued that the deficit had to be reduced but politicians cautioned against this course of action.
D) Both politicians and economist cautioned against deficit reduction.
Correct Answer:
Verified
Correct Answer:
Verified
Q138: Restrictive fiscal policies<br>A)pull interest rates down.<br>B)push interest
Q139: During the late 1980s and early 1990s,
Q140: Japanese Prime Minister Ryutaro Hashimoto was called
Q141: Which of the following is true regarding
Q142: If the inflation rate falls, what will
Q144: The structural deficit can be defined as<br>A)the
Q145: A large national debt can lead to
Q146: E.Carey Brown, an MIT economist, studied government
Q147: The argument that budget deficits are inflationary
Q148: Until the 1980s, most of the national