Infrastructure investment appears to have little impact on economic growth and development
a. True
b. False
Indicate whether the statement is true or false
False
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Because of unseasonably cold weather, orange crops were destroyed in Florida. This statement indicates that
A. the demand for apple juice will decrease. B. the amount of orange juice will decrease. C. demand for oranges will necessarily rise. D. equilibrium quantity of oranges will rise.
The deficit is financed through new taxes
a. True b. False
Inflation-targeting is a practice in which the central bank is legally required to focus only on keeping: a. inflation low
b. unemployment low. c. investment rates high. d. interest rates high.
The primary tools the government uses for contractionary fiscal policy are
A. tax increases and government purchase reductions. B. tax reductions and government purchase increases. C. tax increases and government purchase increases. D. tax reductions and government purchase reductions.