Author Question: Keynesian analysis may have contributed to chronic federal budget deficits by A) advocating ... (Read 97 times)

HudsonKB16

  • Hero Member
  • *****
  • Posts: 535
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

  • Sr. Member
  • ****
  • Posts: 292
Answer to Question 1

B

Answer to Question 2

B



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

Cutaneous mucormycosis is a rare fungal infection that has been fatal in at least 29% of cases, and in as many as 83% of cases, depending on the patient's health prior to infection. It has occurred often after natural disasters such as tornados, and early treatment is essential.

Did you know?

Serum cholesterol testing in adults is recommended every 1 to 5 years. People with diabetes and a family history of high cholesterol should be tested even more frequently.

Did you know?

There are 60,000 miles of blood vessels in every adult human.

Did you know?

Throughout history, plants containing cardiac steroids have been used as heart drugs and as poisons (e.g., in arrows used in combat), emetics, and diuretics.

Did you know?

A cataract is a clouding of the eyes' natural lens. As we age, some clouding of the lens may occur. The first sign of a cataract is usually blurry vision. Although glasses and other visual aids may at first help a person with cataracts, surgery may become inevitable. Cataract surgery is very successful in restoring vision, and it is the most frequently performed surgery in the United States.

For a complete list of videos, visit our video library