During a recession, the ideal stimulus is all of the following EXCEPT:
A. theoretical.
B. targeted.
C. temporary.
D. timely.
Ans: A. theoretical.
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The first step toward reducing negative externalities or maintaining them within acceptable bounds, according to the argument of the textbook, is
A) constructing an exhaustive list of all negative externalities. B) creating a central planning authority for negative externalities. C) cultivating such civic virtues as courtesy and tolerance. D) halting population growth. E) prohibiting activities whose costs are greater than their benefits.
Mudbug College in Louisiana is trying to convince Louisiana taxpayers that the tax dollars spent at Mudbug College are well spent. One of the college's arguments is that for every $1 spent by Mudbug College an additional $4 of expenditures are generated within Louisiana. Mudbug College is arguing that the multiplier for their expenditures is
A. 0.25. B. 1. C. 4. D. 25.
What is the euro? What was the goal in creating the euro?
What will be an ideal response?
Which of the following statements is not true?
A. The United States government alters how resources are allocated in the economy by taxing, spending and issuing regulations. B. The price mechanism will work best if there are a limited number of firms in each industry. C. Lack of the provision of public goods is considered a market failure. D. Not everything produced by the public sector is a public good.