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Author Question: Keynesian analysis may have contributed to chronic federal budget deficits by A) advocating ... (Read 146 times)

HudsonKB16

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on: Jun 29, 2018
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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Reply #1 on: Jun 29, 2018
Answer to Question 1

B

Answer to Question 2

B


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