One of the initial problems facing the newly elected President Clinton was a large budget deficit
a. True
b. False
Indicate whether the statement is true or false
True
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In the above figure, Brendan originally consumes at point A. If his income falls and compact discs are a normal good but haircuts are an inferior good then he will begin consuming at a point such as
A) B. B) E. C) F. D) G.
A by-product of the acceptance of the Keynesian school was the wide approval and practice of activist government fiscal policy around the world
a. True b. False Indicate whether the statement is true or false
The welfare program economists believe to be most compatible with economic efficiency is
A. a regressive tax system. B. AFDC. C. a negative income tax. D. Medicare/Medicaid.
Over the past decade, total and per capita trash generated in the United States have:
A. both increased at about the same rate. B. increased and leveled off, respectively. C. both fallen. D. leveled off and fallen, respectively.