Needs-tested spending

A) is directing government spending and taxes to states that need the most hel


C

Economics

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If the marginal propensity to consume is very close to zero, then the multiplier

A) cannot be calculated. B) is very close to one. C) is very large. D) is very close to zero. E) might be negative if the marginal tax rate is large enough.

Economics

Policies that mandate the installation of specific pollution control devices are called

A) incentive policies. B) benefit policies. C) welfare policies. D) command-and-control policies.

Economics

The largest component of the M1 definition of the money supply is:

a. traveler's checks. b. savings accounts. c. money market accounts. d. checkable deposits

Economics

What shape of LRAC curve indicates that any company that is producing about the same number of units shown in the middle of the curve will be able to compete on costs?

a. Flat-bottomed curve b. U-shaped curve c. Curve trending down from left to right d. Curve trending up from left to right

Economics