Author Question: Keynesian analysis may have contributed to chronic federal budget deficits by A) advocating ... (Read 101 times)

HudsonKB16

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Keynesian analysis may have contributed to chronic federal budget deficits by
 
  A) advocating transfer payments to redistribute income.
  B) persuading the public that any given deficit could be a result of responsible policy decisions.
  C) putting economists in charge of fiscal policy.
  D) reducing the power of the government to finance expenditures through taxation.

Question 2

Refer to the figure above. If a price control is imposed at 8, what is the loss in producer surplus?
 
  A) 30
  B) 60
  C) 90
  D) 120



patma1981

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Answer to Question 1

B

Answer to Question 2

B



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