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Home Q & A Board Humanities Legal Studies Political Science
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brownuser brownuser
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6 years ago
In February 2016, the total national debt was about __________ trillion dollars.
 
  A) 1.1
  B) 4.9
  C) 12.3
  D) 19
  E) 22.4


The fiscal year refers to the interval the U.S. government uses for accounting purposes and runs from
 
  A) April 1 to March 31.
  B) June 1 to May 31.
  C) October 1 to September 30.
  D) February 28 to February 28.
  E) January 1 to December 31.


The Budget and Accounting Act of 1921 placed the responsibility for preparing the federal budget in the hands of
 
  A) Congress.
  B) the Federal Reserve Board.
  C) the Treasury Department.
  D) the Council of Economic Advisers.
  E) the president.


Supporters of supply-side economics are likely to favor
 
  A) tax cuts to stimulate investment.
  B) progressive taxation.
  C) government programs to stimulate employment.
  D) interest rate hikes to increase bond yields.
  E) printing money.


While Reaganomics failed in many ways, it did work largely as expected in the area of
 
  A) regulating unemployment.
  B) increasing tax revenues.
  C) lowering federal budget deficits.
  D) keeping interest rates low.
  E) industry deregulation.
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cstew94cstew94
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6 years ago
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brownuser Author
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#2
6 years ago
I just wanted to write to say thanks a bunch for the answer!
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