Contractionary fiscal policy tools can eliminate an inflationary gap arising from a continuation of current budget policies.
Answer the following statement true (T) or false (F)
True
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During the middle of the 2000s, the price of gasoline soared and there was a movement to switch to fuels made from a mixture of gasoline and ethanol. Ethanol can be made from corn
The price of corn skyrocketed and then, after a couple of years, the price decreased. What might have led to these price changes in the corn market?
In which of the following economic activities do we commonly find a proprietor acting as a supervisor, a provider of capital, and a residual claimant?
a. A multinational bank b. An oil exploration company c. A small medical store d. An aircraft manufacturer
Property taxes are the main source of funding for public schools.
Answer the following statement true (T) or false (F)
Which statement is false?
A. During the Great Depression millions of working-class and middle-class people demanded welfare payments. B. Until the 1930s the prevalent theory of poverty was that the poor were lazy. C. The heritage of slavery theory explains most poverty in this country. D. None of these statements are false.