Question
If Congress adheres to a libertarian economic policy, which of the following measures would it most likely employ during an economic recession?
Choose 1 answer:
Choose 1 answer:
(Choice A) A constitutional amendment that would increases income taxes for the top 10% of earners in the United States
A
A constitutional amendment that would increases income taxes for the top 10% of earners in the United States
(Choice B) Legislation to increase the power of the Environmental Protection Agency to prosecute companies that violate clean energy regulations
B
Legislation to increase the power of the Environmental Protection Agency to prosecute companies that violate clean energy regulations
(Choice C) Legislation to make the minimum wage in all states $15 an hour to keep pace with the rising cost of living
C
Legislation to make the minimum wage in all states $15 an hour to keep pace with the rising cost of living
(Choice D) A constitutional amendment that prohibits the federal government from creating government subsidies and bailouts to businesses
D
A constitutional amendment that prohibits the federal government from creating government subsidies and bailouts to businesses
Choose 1 answer:
Choose 1 answer:
(Choice A) A constitutional amendment that would increases income taxes for the top 10% of earners in the United States
A
A constitutional amendment that would increases income taxes for the top 10% of earners in the United States
(Choice B) Legislation to increase the power of the Environmental Protection Agency to prosecute companies that violate clean energy regulations
B
Legislation to increase the power of the Environmental Protection Agency to prosecute companies that violate clean energy regulations
(Choice C) Legislation to make the minimum wage in all states $15 an hour to keep pace with the rising cost of living
C
Legislation to make the minimum wage in all states $15 an hour to keep pace with the rising cost of living
(Choice D) A constitutional amendment that prohibits the federal government from creating government subsidies and bailouts to businesses
D
A constitutional amendment that prohibits the federal government from creating government subsidies and bailouts to businesses
Answers
GPT-4o mini
The most likely measure Congress would employ during an economic recession if adhering to a libertarian economic policy is:
**(Choice D)** A constitutional amendment that prohibits the federal government from creating government subsidies and bailouts to businesses.
Libertarian economic principles emphasize minimal government intervention in the economy, which includes opposition to government bailouts and subsidies. Therefore, they would likely favor a constitutional amendment that limits such interventions, especially during a recession.
**(Choice D)** A constitutional amendment that prohibits the federal government from creating government subsidies and bailouts to businesses.
Libertarian economic principles emphasize minimal government intervention in the economy, which includes opposition to government bailouts and subsidies. Therefore, they would likely favor a constitutional amendment that limits such interventions, especially during a recession.