In 1965 During the Johnson Administration, the U

question 46

Multiple Choice

In 1965 during the Johnson administration, the U.S. economy was headed toward an inflationary gap. Which of the following policies would an economist recommend?

• A) An open market purchase
• B) A tax increase
• C) A tax cut
• D) Increase defense spending

---

Definitions:

Reflective

Characterized by deep thought or the careful consideration of past experiences and actions.

Relativistic

Pertains to the concept that viewpoints, knowledge, and ethics are relative to the individual's culture or society and not absolute or universal.

First-Generation Students

Students who are the first in their families to attend a college or university.

Positive Support

Assistance or encouragement provided in a constructive and uplifting manner to aid someone's efforts or wellbeing.