Question
Evaluate the following statement The unemployment rate is high and therefore it is time to stimulate the economy! I propose that we use tax dollars
Evaluate the following statement
"The unemployment rate is high and therefore it is time to stimulate the economy! I propose that we use tax dollars to pay car dealers to destroy older cars and send them to the dump. This will cause people to buy new cars which will increase economic activity and put us on the path to recovery."
analyze the views of economist Paul Krugman in the following statement:
"Ghastly as it may seem to say this, the terror attack -- like the original day of infamy, which brought an end to the Great Depression -- could even do some economic good....the destruction isn't big compared with the economy, but rebuilding will generate at least some increase in business spending."
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