A decision by a government to sell businesses that currently are operated by the government to private investors is an example of ________ policy.
A. monetary
B. aggregation
C. structural
D. fiscal
Answer: C
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Using the above figure, an increase in the demand for Dutch goods by U. S. consumers will lead to
A) a depreciation in the Dutch currency. B) an appreciation in the Dutch currency. C) an increase in the supply of Dutch currency as foreign exchange. D) a decrease in the supply of Dutch currency as foreign exchange.
Which of the following has not been suggested as a reconciliation of Leontief's findings?
A) international differences in tastes B) U.S. tariff structure C) failure to take into account natural resources D) temporary data problems immediately after World War II
In the case of the perfectly competitive firm:
A) marginal revenue equals the market price. B) marginal revenue is greater than the market price. C) marginal revenue is less than the market price. D) marginal revenue is equal to, less than, or greater than market price depending on the level of output.
Comparative statics analysis in economics is best illustrated as
A) the comparison of equilibrium points before and after changes in the market have occurred. B) a comparison of two types of markets. C) the comparison of the percentage of change in the one variable divided by the percentage change in the other variable. D) an analytical technique used to show best case scenarios of demand and supply curves.