Answer set 1 - 1 A. The President says the economy is...

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1 A. The President says the economy is growing. He proves it by saying we are “now in the 41st month of uninterrupted job growth” and that unemployment and inflation are low. B. Unemployment, inflation C. President Bush proposed spending more money on education to give future generations the tools to be economically successful. Bush also proposed a plan to balance the federal budget to keep us economically viable for the future. 2. a. Positive, macroeconomic statement : (Previously stated that we would reduce gasoline usage in the United States by 20 percent in the next ten years) “To reach this goal we must increase the supply of alternative fuels, by setting a mandatory fuels standard and alternative fuels in 2017 – and that is nearly five times the current target.” b. , Normative microeconomic statement : “…because we acted, students are performing better in reading and math, and minority students are closing the achievement gap.” c. Normative, microeconomic statement
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This note was uploaded on 04/08/2008 for the course ECON 160 taught by Professor Michaelvardanyan during the Fall '06 term at Binghamton University.

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Answer set 1 - 1 A. The President says the economy is...

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