What are the two tools of fiscal policy that governments can use to stabilize an economy?
A) taxation and controlling exports
B) government spending and taxation
C) government spending and technology improvements
D) taxation and controlling imports
B
You might also like to view...
Which of the following is FALSE?
a. Maximizing division profits can sometimes lead to reducing company-wide profits b. Managers of profit centers are usually given a lot of discretion in their decision making c. Profit centers usually require the highest degree of attention by corporate headquarters d. A manager being rewarded on division revenues has the most incentive to make good decisions for his division
Complementary goods are goods:
a. that are consumed jointly. b. that are consumed one in place of the other. c. for which demand increases when the price of its complementary goods increases. d. for which demand decreases when the price of its complementary goods decreases. e. that are inversely related.
At the federal level, the single most important tax, accounting for slightly less than half of revenue, is the:
a. corporate income tax. b. personal income tax. c. estate tax. d. property tax. e. sales tax.
A labor market is divided into two segments. All workers have the same qualifications and find jobs in either segment equally attractive. Initially, both segments are in competitive equilibrium. Then the development of worker prejudice that reduces the hiring of minorities in one segment can lead to a
a. permanent increase in labor supply in the discriminating segment b. permanent increase in labor supply in the nondiscriminating sector c. temporary change in the composition of labor in both segments which will revert back to an equal distribution of workers eventually d. temporary increase in labor supply in both segments e. temporary change in wage rates in both segments