Falling inequality has been a feature of the high-growth Asian economies due to land reform, free public education, free basic health care, and significant investments in infrastructure for communication, sanitation, and transportation
Indicate whether the statement is true or false
TRUE
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The discretionary change of government expenditures or taxes to achieve national economic goals is
A) a direct expenditure upset. B) fiscal policy. C) Ricardian-equivalence theorem. D) supply-side economics.
The value of imports and exports is recorded in
A) official settlements account. B) current account. C) international trade account. D) capital and financial account. E) official reserves account.
The maximum welfare benefit levels in most states
A. by law are 1.5 times the poverty income threshold. B. by law must equal the poverty income threshold. C. are significantly above the poverty income threshold. D. are significantly below the poverty income threshold.
If an economy experiences growth in productivity without growth in its labor force, it will grow.
Answer the following statement true (T) or false (F)