Multiple Choice
Progressives argue that what the book calls useful government spending can increase GDP without reducing private investment. An example of useful government spending according to the book is
A) Building pyramids by hand labor alone
B) Buying more military equipment
C) Fighting wars
D) Building highways
Correct Answer:

Verified
Correct Answer:
Verified
Q13: Why do conservatives believe government cannot create
Q14: Progressives argue that deficit spending will cause
Q15: The federal debt was first funded in<br>A)
Q16: A National Government never has to "pay
Q17: In the 2012 presidential election, President Barack
Q19: The 2009 recovery act spent money on
Q20: In the first two years of the
Q21: The major points of the Conservative views
Q22: When the book refers to a policy
Q23: Progressives respond to the crowding out analysis