All of the Following Might Be Effective in Eliminating a Contractionary

question 121

Multiple Choice

All of the following might be effective in eliminating a contractionary gap except one.Which is the exception?

• A)reducing Social Security payments to beneficiaries
• B)reducing personal income taxes
• C)increasing expenditures for the interstate highway system
• D)increasing farm subsidies
• E)reducing corporate income taxes

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Definitions:

American Foreign Policy

The strategic approach and actions taken by the United States in its interactions with other nations to achieve its national interests.

Nineteenth Century

The period from 1801 to 1900, characterized by widespread industrialization, political change, and colonial expansion.

Expansionist

Pertaining to the policy of a state or organization aimed at increasing its size, influence, or territories.

Isolationist

A policy or doctrine that advocates for a country to remain apart from the affairs or interests of other groups or countries.