Economists Who Are in Favor of Smaller Government Tend to Prefer

question 76

Multiple Choice

Economists who are in favor of smaller government tend to prefer ________________ when expansionary _______________ policy is needed to raise aggregate demand.

• A) tax cuts; fiscal
• B) tax cuts; monetary
• C) more government spending; fiscal
• D) more government spending; monetary

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Definitions:

Age

The length of time that a person or thing has existed, often used as a parameter to categorize, differentiate, or make judgments about individuals or items based on their duration of existence.

Task Performance

Refers to the effective and efficient completion of a job or task.

Creativity

The ability to generate new and original ideas, approaches, or solutions.

Racial Diversity

The inclusion of individuals from a variety of racial and ethnic backgrounds in a group or organization.