Multiple Choice
You are a member of Congress in 2007-2009 when the economy is in a recessionary gap.If your goal is to achieve full employment, you should vote for
A) decreased government purchases, increased taxes, and a cut in transfer payments.
B) a balanced federal budget.
C) increased government purchases, decreased taxes, and an increase in transfer payments.
D) increased government purchases and transfer payments, and an equal increase in taxes.
Correct Answer:

Verified
Correct Answer:
Verified
Q44: If the federal government increases the amount
Q45: Most tax payments increase as GDP increases.
Q46: Capital gains tax cuts inevitably benefit<br>A)low-income workers.<br>B)retired
Q47: A "conservative" would most likely argue in
Q48: If the MPC in the United States
Q50: Government transfer payments<br>A)are subtracted from national income
Q51: An active stabilization policy designed to limit
Q52: Ronald Reagan's presidency could be characterized as
Q53: Figure 11-1<br> <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB8592/.jpg" alt="Figure 11-1
Q54: _ is the income actually available to