Based on the Situation Depicted in the Graph Below, Which

question 124

Multiple Choice

Based on the situation depicted in the graph below, which of the following would be an appropriate fiscal policy response?

• A)​increase taxes
• B)​decrease taxes
• C)​decrease government purchases
• D)​all of the above

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Definitions:

Wounded Knee Massacre

Last incident of the Indian Wars; it took place in 1890 in the Dakota Territory, where the U.S. Cavalry killed over 200 Sioux men, women, and children.

Historical Significance

The importance attributed to an event, object, or figure in history based on its impact or consequences.

Elk V. Wilkins

A U.S. Supreme Court case in 1884 which ruled that Native Americans who voluntarily left their tribes did not automatically gain citizenship, emphasizing the distinct legal status of indigenous peoples.

Supreme Court

The highest federal court in the United States, having ultimate appellate jurisdiction over all federal and state court cases that involve a point of federal law.