John Kenneth Galbraith Urged That as a Solution to Inflation

question 73

Multiple Choice

John Kenneth Galbraith urged that as a solution to inflation,

• A) the government cut taxes.
• B) the private sector be allowed to adjust itself.
• C) the money supply be held in check.
• D) the government control prices and wages.
• E) government restrictions be lifted and taxes increased.

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Definitions:

Disfranchised

Individuals or groups deprived of certain rights or privileges, often used in the context of voting rights.

Systematically

Performing actions or procedures in a methodical, organized manner according to a specified system or plan.

Procedural Elements

The structured components or steps that make up a process, governing how something is to be done.

Vague and Open

Descriptions or statements that are intentionally non-specific and broad, allowing for a wide range of interpretation or response.