Most economists seem to agree that cutting taxes
a. on saving has more impact than cutting taxes to increase investment.
b. to stimulate investment is more effective than cutting taxes to stimulate work.
c. to increase work is more effective than cutting taxes to stimulate investment.
d. to increase work incentives is more effective than cutting taxes on saving.
b
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Many wines are priced high in order to
a. Indicate low quality b. Indicate high quality c. Indicate a bargain brand d. None of the above
If the demand for a good increases, it is likely that the demand for the factors of production used as inputs will:
A. decrease. B. increase. C. stay the same. D. None of these statements is true.
Since Social Security is a pay-as-you-go program, the funds for the people retiring today
A. come from import taxes. B. come from foreign sales of gold. C. come from those of us working today and in the future. D. come from the Federal Reserve.
Fiscal policy affects the ________ market through changes in taxes and government spending.
A. money B. goods C. bond D. federal funds