During the Kennedy Administration, What Did Economist Walter Heller Propose

question 114

Multiple Choice

During the Kennedy administration, what did economist Walter Heller propose to bring the economy back to full employment?

• A) a large government works program
• B) insourcing
• C) tax cuts
• D) tariffs on imported goods

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Definitions:

Investment Opportunity

A chance to invest capital with the expectation of achieving a future financial return.

Full Information

A market condition where all participants have access to all relevant information, eliminating information asymmetry.

Housing Prices

Housing prices refer to the cost of purchasing residential properties, which can fluctuate based on market demand, location, size, and other factors.

Housing Crises

A situation characterized by a significant lack of affordable housing, often leading to increased homelessness and housing insecurity.