A nation's economic growth is more rapid when
A. the government owns all capital resources in a nation.
B. scarce resources are made available for all citizens free of charge.
C. capital resources are devoted to their most efficient use.
D. there are barriers to establishing legal ownership of capital resources.
Answer: C
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List and briefly explain the primary goals of the Fed
What will be an ideal response?
In the Free Banking Era (the period of no central bank),
(a) anyone could form a bank if they met the requirements. (b) banks were required to offer free financial services. (c) the federal government rescinded its tax on bank notes. (d) states rescinded their taxes on bank notes.
The Bush tax cuts of 2001-2010 contained incentives for
A. Savings only. B. Work, education, and savings. C. Education and savings only. D. Work only.
When the government has a deficit, a burden is necessarily imposed on future generations of taxpayers
a. True b. False Indicate whether the statement is true or false