Yes, but the question was about what government is likely to do. As recent events have show, they are likely to respond with Keynesian nonsense.stroo wrote:30's answer is pure Keynesian economics.
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Return to “Take this test on economy, government, and history”
- Thu Nov 27, 2008 12:44 pm
- Forum: Gun and/or Self-Defense Related Political Issues
- Topic: Take this test on economy, government, and history
- Replies: 36
- Views: 5539
Re: Take this test on economy, government, and history
- Tue Nov 25, 2008 9:39 pm
- Forum: Gun and/or Self-Defense Related Political Issues
- Topic: Take this test on economy, government, and history
- Replies: 36
- Views: 5539
Re: Take this test
But the government can create debt with a balanced budget, by issuing bonds or incurring future obligations.SCone wrote:On #30, is it "government spending" that's being increased. Less tax + more spending = more debt
Substitute "deficit" for "debt", and it would be correct.