The so-called "negative taxes" are better known as:
A. Government spending
B. Transfer payments
C. Built-in stabilizers
D. Fiscal multipliers
B. Transfer payments
You might also like to view...
Trade can stifle the development of industries than might be more efficient than existing ones
Indicate whether the statement is true or false
Interlocking directorates refers to a situation where:
A. A director of one firm is also a board member of a competing firm B. Members of the Board of Directors of a firm could not agree on a clear strategy for the firm C. Competing firms have separate and different members in their boards D. A company's board splits into two rival camps locked in constant struggle
Starting from long-run equilibrium, a decrease in autonomous investment results in ________ output in the short run and ________ output in the long run.
A. lower; potential B. higher; higher C. higher; potential D. lower; higher
Unanticipated inflation generally hurts borrowers and benefits lenders
a. True b. False Indicate whether the statement is true or false