________ acts as an automatic destabilizer because it requires taxes to be cut and government spending to be raised during ________.
A. Fiscal policy; an expansion
B. Deficit targeting; an expansion
C. Deficit targeting; a contraction
D. Fiscal policy; a contraction
Answer: B
Economics
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Knowledge has become measurably more important in today's economy
Indicate whether the statement is true or false
Economics
Monopoly is a market in which one firm sells a good or service that has? _____ substitutes and? _____ blocks the entry of new firms.
A. ?close; a barrier B. ?close; no barrier C. no? close; no barrier D. no? close; a barrier
Economics
Nations with a command economy are known for having many entrepreneurs.
a. true b. false
Economics
If this is an open economy, quantity of cars demanded domestically will be ________.
A. 60,000 B. 40,000 C. 20,000 D. 80,000
Economics