The Most Likely Explanation for Why the U

question 68

Multiple Choice

The most likely explanation for why the U.S.government was not worried about the growth in deficits caused by its expansionary policy was:

• A)they wanted inflation to occur in order to wipe out the value of government debt.
• B)they knew they could pass significant tax increases to manage the deficit.
• C)they expected that the economy would grow out of the deficit.
• D)they wanted to make the dollar exchange rate favorable compared to the Yuan.

---

Definitions:

Retention

The ability to keep or hold onto information or material learned over time.

Encoded Information

Data that has been converted into a form, using a code, that is not immediately understandable by someone who is not authorized to access it.

Storage

The process or means by which information, data, or materials are kept for future use or reference.

Integration

The process of combining parts into a whole, especially in the context of social and cultural groups within a society.