Those who do not favor programs aimed at reducing inequality argue that these programs:
A. reduce people's incentive to work hard.
B. increase the crime rates.
C. prevent the economy from reaching equilibrium in the labor market.
D. penalize people who are unable to work through no fault of their own.
Answer: A
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________ is the benefit that a consumer of a good or service receives
A) Marginal private benefit B) Marginal external benefit C) Marginal social benefit D) Both answers A and B are correct.
Shares of stock and long-term debt, including corporate and government bonds and bank loans, are bought and sold on
A) the stock market. B) foreign exchange markets. C) capital markets. D) commodity markets.
The federal government agency that insures demand deposits for up to $100,000 is the
a. Federal Reserve System b. Federal Deposit Insurance Corporation c. Federal Savings and Loan Insurance Corporation d. Resolution Trust Corporation e. Bank Insurance Trust Corporation
Non-interventionists include all of the following, EXCEPT
A. new classical economists. B. supply-side economists. C. Keynesian economists. D. monetarists.