The Best Way to Approach the Debate in Congress Over

question 191

Multiple Choice

The best way to approach the debate in Congress over the 2009 stimulus bill is

• A)to side with the Democrats' position.
• B)to side with the Republicans' position.
• C)to evaluate the underlying economic arguments used by each party and come to your own informed conclusion as to whose arguments are more valid.
• D)to consider the position of both parties as equally valid, because that is how democracies work.
• E)to support the bill because it was prepared by the President's able advisers.

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Definitions:

Input

Resources used in the production process, including labor, capital, materials, and energy.

Output

The final product or service produced from the input resources in a production process.

Function

In mathematics, a relation between a set of inputs and a set of permissible outputs with the property that each input is related to exactly one output.

Production Function

An equation or graph that shows the maximum output that can be produced from a given set of inputs or resources, under certain conditions and technologies.