Reference no: EM13982183
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.
One of the objectives of supply-side policies is to
a. focus attention on the trade-off between inflation and unemployment.
b. sharpen the trade-off between inflation and unemployment.
c. eliminate the trade-off between inflation and unemployment.
d. convince the public of the trade-off between inflation and unemployment.
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