Critics of the Government's Fiscal Policies Argued That Government Deficits

question 40

Multiple Choice

Critics of the government's fiscal policies argued that government deficits

• A)prevented capital from flowing into the United States.
• B)were linked to the excess of imports over exports that occurred in the 1980s.
• C)caused the level of unemployment in the United States to increase during the 1980s.
• D)had directly contributed to a decline in the level of demand in the American economy.

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Definitions:

Driven Member

A component in a mechanical system that receives motion or power from another component, rather than generating it.

Centrifugal Lock-up

A mechanism in torque converters that locks the turbine to the pump when sufficient speed is achieved, improving fuel efficiency by eliminating slip.

Weld-sealed

A term describing items or components that have been permanently joined or sealed together through welding, creating a strong and often airtight connection.

Torque Multiplication

Occurs during the vortex flow phase of torque converter operation.