Keynesian analysis stresses that a tax cut that increases the government's budget deficit or reduces its budget surplus:
a. is appropriate during a period of inflation.
b. will increase the money supply.
c. will stimulate aggregate supply and, thereby, promote employment.
d. will stimulate aggregate demand and, thereby, promote employment.
d
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What was the most immediate impact of introducing the horse to the plains Indians?
a. A decrease in the amount of agricultural work the Indians did b. A large increase in the size of hunting groups c. More intensive and more efficient use of animal carcasses. d. More time was spent in fixed locations
Why does the government provide benefits in-kind? Why don't we just give money to low-income people?
Individuals and government have been contributors in harming the environment.
Answer the following statement true (T) or false (F)
Suppose caviar sales soars at the same time price increases. What would lead to both a higher quantity sold and higher price of caviar?
A. A shift in demand to the right and a larger shift in supply to the right. B. A shift in demand to the left and a smaller shift in supply to the left. C. A shift in demand to the left and a smaller shift in supply to the right. D. A shift in demand to the right and a shift in supply to the left.