One existing government program that works much like a negative income tax is Medicaid
a. True
b. False
Indicate whether the statement is true or false
False
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In an open economy, an increase in capital inflows ________ the equilibrium domestic real interest rate and ________ the quantity of domestic investment.
A. decreases; increases B. increases; decreases C. increases; increases D. decreases; decreases
Price discrimination requires:
a. a firm to be a competitive firm. b. a firm to be able to segment its customers based on different price elasticities of demand. c. arbitrage. d. that the product can be easily resold.
Which of the following sets of goods are most likely to be complementary goods?
a. shoes and pizza b. automobiles and computers c. baseballs and baseball gloves d. football tickets and baseball tickets e. Dell and Gateway computers
What's the tax multiplier if MPC = 0.75?
a. –4 b. –3 c. 0.33 d. 3 e. 4