The argument most often used in favor of redistribution is that a society as wealthy as the United States has a moral obligation to provide all its members with the basic necessities of life.
Answer the following statement true (T) or false (F)
True
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Describe and explain the policy irrelevance proposition
What will be an ideal response?
Which of the following is a strong assumption for static and finite distributed lag models??
A. ?Sequential exogeneity B. Strict exogeneity C. ?Dynamic completeness D. Homoskedasticity
When one uses the expenditure approach to calculate Gross Domestic Product (GDP), which of the following would be included?
A. government spending at the state level B. inventory investment C. household purchases of legal services D. all of these
Technological advancements have led to lower prices and an increase in the sale of color laser printers. How does this affect the market for traditional inkjet printers?
A) The demand curve for inkjet printers shifts to the right. B) The quantity of inkjet printers demanded decreases. C) The demand curve for inkjet printers shifts to the left. D) The quantity of inkjet printers demanded increases.