Which of These Partly Accounts for the Long-Term Growth in Production

question 23

Multiple Choice

Which of these partly accounts for the long-term growth in production in the U.S.economy?

• A)An increase in government spending
• B)An increase in the availability of resources
• C)A reduction in federal taxes
• D)A gradual but consistent increase in the price level
• E)A general optimism about the future and the pioneering spirit of America

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Definitions:

Affirmative Action

Policies or measures that are intended to promote access to education or employment for historically marginalized groups by taking into consideration ethnicity, color, or other factors of disadvantage.

Three Mile Island

The site of a significant nuclear power plant accident in Pennsylvania, USA, in 1979, which resulted in a partial meltdown but without immediate casualties; it raised concerns about nuclear energy safety.

Church Committee

A U.S. Senate committee in the 1970s that investigated abuses by the CIA, FBI, NSA, and other intelligence agencies, especially regarding domestic spying.