Which of the Following Contributes to the Popularity of the Argument

question 92

Multiple Choice

Which of the following contributes to the popularity of the argument that government spending expands employment?

• A) The employment generated by the additional spending is not easily seen, while the employment crowded out by taxing, spending, and borrowing is highly visible.
• B) The employment generated by the additional spending is highly visible, while the employment crowded out by taxing, spending, and borrowing is largely unseen.
• C) Higher taxes will be popular if they finance spending that expands employment.
• D) The employment generated by the additional spending can be accomplished without increases in taxes or borrowing.

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Definitions:

Eli Whitney

An American inventor best known for inventing the cotton gin, a device that revolutionized the cotton industry by greatly facilitating the removal of seeds from cotton fibers.

Farm Worker

Farm workers are individuals employed in the agricultural sector, focusing on the cultivation and harvesting of crops as well as the raising of animals.

Productivity

The measure of the efficiency of production, often evaluated as the ratio of outputs to inputs in a given time period.

Farm Price Supports

Government subsidies designed to maintain the income of farmers by stabilizing the prices of agricultural products.