Which of the Following Individuals Would Most Likely Favor an Increase

question 192

Multiple Choice

Which of the following individuals would most likely favor an increase in government spending, as opposed to a tax cut, as the basis for expansionary fiscal policy?

• A)"There must be a constant philosophical prejudice against any intervention by the state into our lives, for by definition such intervention abridges liberty."-William Simon
• B)"The bastards [read politicians] can't spend what they don't have."-Howard Jarvis
• C)"The family that takes its mauve and cerise, air-conditioned, power-steered, power-braked automobile through cities that are badly paved, made hideous by litter, [and] blighted buildings...to picnic beside a polluted stream amid the stench of refuse may properly reflect on the curious unevenness of their blessings."-J.K.Galbraith
• D)"Public expenditures are made for the primary benefit of the middle class and financed with taxes on the poor and rich."-Director's Law

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Definitions:

Work Flow Analysis

The study of the business processes and activities involved in completing a specific task or project to increase efficiency.

Work Processes

The sequence of tasks or activities that are undertaken in the pursuit of achieving a work-related goal or producing a specific outcome.

Inputs

The resources, information, or materials used in a process to produce outputs.

Raw Materials

Basic materials that are used in the production of goods, finished products, or intermediate materials that are feedstock for future finished products.