Which of the following is true of the Golden Age of fiscal policy of the 1960s?
a. Fiscal policy was used to prevent output from expanding in 1964.
b. Lyndon B. Johnson cut income tax rates to reduce inflationary pressures in the economy
c. A tax cut was introduced to increase savings and unemployment.
d. A tax cut increased disposable income and consumption.
e. The unemployment rate rose by 5 percent for the first time in seven years
Question 2
Depreciation refers to a decrease in the value of a durable good caused by:
a. an increase in the price level.
b. changes in the interest rate.
c. wear and tear over time.
d. changes in tax laws.
e. a decrease in its resale value.
Apparent and True Orbits of Alpha Centauri.
Modern primate study sometimes involves high-tech methods. This golden lion tamarin is having a batt
Booker T. Washington in his office at Tuskegee Institute, 1900. Washington chose a policy of accommo
In the 1960s, social psychologists did highly creative but controversial experiments. This photo, ...
Until the 1960s, the South’s public facilities were segregated. Some were reserved for whites, ...
Until the 1960s, the South’s public facilities were segregated. Some were reserved for whites, ...