During the 1980s, foreigners expanded their role in the United States as
A. both creditors and owners.
B. neither creditors nor owners.
C. as owners but not as creditors.
D. as creditors but not as owners.
A. both creditors and owners.
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Discretionary fiscal policy to stimulate the economy includes ________
A. lowering the tax rate paid by households with middle incomes B. raising the tax on gasoline C. the fall in tax revenue as the economy goes into recession D. the rise in tax revenue collected from businesses as their profits in-crease
The standard deduction for two individuals is higher than the standard deduction for a married couple, causing a "marriage tax."
A. True B. False C. Uncertain
Faster growth rates by a major trading partner, combined with an increase in stock market wealth, would have what effect on aggregate demand? a. AD would increase
b. AD would decrease. c. AD would stay the same. d. AD could either increase or decrease, depending on which change was of a greater magnitude.
According to the hypothesis, when did structural stagnation begin?
A. The mid-1990s B. The mid-1970s C. The mid-1980s D. The mid-1960s