Other things equal, the stock of capital inherited by future generations is likely to be smaller when government spending:
A. increases during a period of recession, rather than prosperity.
B. is primarily for capital-type goods.
C. is financed by borrowing.
D. is financed by taxation.
C. is financed by borrowing.
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Our fastest growing trade imbalance is with
A. China. B. Japan. C. Canada. D. Mexico.
The imposition of a per unit tax on a product
A. will cause the supply curve to shift upward and to the left. B. will cause the supply curve to shift downward and to the right. C. will reduce the quantity supplied of the product. D. will encourage producers to increase the quantity supplied of the product.
Discount loans intended for banks that are not financially healthy are called
A) primary credit. B) secondary credit. C) seasonal credit. D) repo loans.
An informed party can use ________ to give information to an uninformed or lesser-informed party
A) signaling B) screening C) an individual mandate D) market noise