The Five Debates Over Macroeconomic Policy Exist Mostly Because

question 82

Multiple Choice

The five debates over macroeconomic policy exist mostly because

• A) economists disagree over basic issues such as the importance of saving for economic growth.
• B) there are tradeoffs and people disagree about the best way to deal with them.
• C) politicians offer misleading information.
• D) people fail to clearly see the benefits or the costs of most changes.

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Definitions:

Northerners

Individuals from the northern region of a country, especially those from the Northern United States historically opposed to slavery.

Slave System

An economic and social system based on the ownership, purchase, and forced labor of human beings for the benefit of their owners.

Freed Blacks

African American individuals who were emancipated from slavery, especially during and after the Civil War in the United States.

Runaway Slaves

Enslaved people who escaped from their enslavers in an attempt to gain freedom, often facing great risks and seeking safe haven through networks like the Underground Railroad.