Assume the Government Wants to Increase the Level of Consumption

question 10

Multiple Choice

Assume the government wants to increase the level of consumption and investment.Which of the following policies should be implemented?

• A)higher investment tax credits
• B)removal of investment subsidies combined with monetary restriction
• C)an income tax cut combined with monetary restriction
• D)an increase in government transfer payments to low income households financed by a tax increase on high income households
• E)none of these

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Definitions:

International Progressivism

A political and social movement that advocates for reforms on a global scale, focusing on issues like environmental protection, human rights, and economic inequality.

Liberal Internationalism

A foreign policy doctrine that argues for the role of cooperation and democracy in international relations, often associated with the promotion of global peace and justice.

Western Civilization

A term referring to the cultures, institutions, and history emerging from Europe, particularly influential in shaping global development through its exploration, colonization, and cultural exchange.

Roaring Twenties

A term referring to the 1920s era in the United States characterized by economic prosperity, cultural flowering, and the proliferation of jazz music and flapper culture.