Under the U

question 43

Multiple Choice

Under the U.S.macroeconomic policy package of 1965-1968,President Lyndon Johnson backed an increase in U.S.government spending that was financed by an increase in the money supply,resulting in

• A)increased exports.
• B)a rise in price inflation.
• C)increased taxes.
• D)a positive trade balance.
• E)an increase in the worth of currency.

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Definitions:

Entertainment Tax

A tax imposed on services related to entertainment such as movies, events, and amusement parks, often collected to contribute to the public treasury.

Streaming Movies

The process of watching movies over the internet in real-time, without the need to download them, through services like Netflix, Hulu, or Amazon Prime.

Movie Tickets

Physical or digital passes that allow an individual access to watch a movie at a cinema or theatre.

Streaming Movies

The process of watching films over the internet in real-time, without downloading them.