The slowdown in U.S. economic growth in the period 1974-95 was primarily caused by ________.
A) falling labor growth
B) falling capital growth
C) falling productivity growth
D) none of the above
Question 2
Traditional Keynesians tend to favor
a. monetary policy over fiscal policy because of the effectiveness of central banks.
b. monetary policy over fiscal policy because it reduces interest rates..
c. fiscal policy over monetary policy because it doesn't impact interest rates.
d. fiscal policy over monetary policy because of the liquidity trap.
e. none of the above.
