Suppose that the economy is in the midst of recession

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Reference no: EM131392411

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 reduction in Federal tax rates on personal and corporate income

B. a Congressional proposal to incur a Federal surplus to be used for the retirement of public debt

C. a reduction in agricultural subsidies and veterans' benefits

D. a postponement of a highway construction program

Reference no: EM131392411

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