Which of the Following Is Not a Reason Why the U.S.economy

question 75

Multiple Choice

Which of the following is not a reason why the U.S.economy has been more stable since 1950?

• A)Goods have become a larger fraction of GDP and services have become a smaller fraction of GDP.
• B)The government has actively pursued policy to combat recessions and prolong expansions.
• C)Unemployment insurance and other government programs curtail the decline in spending that occurs during a recession.
• D)Services have become a larger fraction of GDP and goods have become a smaller fraction of GDP.

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Definitions:

Kant's Philosophy

A philosophical doctrine by Immanuel Kant emphasizing rationality, ethics, and a categorical imperative guiding moral actions.

End Justifies

A philosophical principle suggesting the morality of an action can be determined by its outcome or intended result.

Means

Methods or ways employed to achieve a certain end or goal.

Rule Utilitarianism

A form of utilitarianism that suggests the best action is one that conforms to a rule that leads to the greatest good.