Author Question: Which of the following policies followed by the Clinton administration were not Keynesian policies? ... (Read 29 times)

futuristic · **on:** Jun 30, 2018

Which of the following policies followed by the Clinton administration were not Keynesian policies?

a. Reducing the budget deficit during a strong expansion.
b. Concentrating tax increases on upper income households.
c. Attempting to increase government spending in 1992 when the U.S. economy was below its natural rate of output.
d. Adjusting capital gains taxes for inflation in order to encourage savings.

Question 2

According to Hughes and Cain (2011), taxation can be a form of forcible seizure of property, under certain circumstances.

Indicate whether the statement is true or false