Virtually all economists and policymakers agree that, within limits, higher employment is better. If this is true, couldn’t the government create more employment by hiring people to dig holes and fill them in again? Is this good economic policy?
Chapter 7 “Taking the Nation’s Economic Pulse”
Chapter 8 “Economic Fluctuations, Unemployment, and Inflation”
Special Topic 1 “Government Spending and Taxation”
Chapter 7 “Taking the Nation’s Economic Pulse”
Chapter 8 “Economic Fluctuations, Unemployment, and Inflation”
Special Topic 1 “Government Spending and Taxation”