Which of the following is both a supply-side and a fiscal policy tool during a recession?
A. Deregulation.
B. Welfare programs.
C. Liberalized immigration laws.
D. Tax cuts.
Answer: D
You might also like to view...
Supply-side economists try to increase the AS curve with all of the following policies except
A. Deregulation. B. Infrastructure development. C. Decreasing the supply of money. D. Tax incentives for saving, investment, and work.
If a hurricane were to wipe out the majority of the eastern seaboard in the United States, it would likely cause a:
A. short-run supply shock. B. long-run supply shock. C. long-run demand shock. D. short-run demand shock.
Which is an example of a market failure?
A. The price of medical care has risen dramatically as a result of the introduction of sophisticated equipment and techniques. B. Polio shots and chest x-rays provide widespread benefits to the community as a whole as well as to the individuals who get them. C. Extensive decreases in the prices of electronic equipment resulted in large numbers of bankruptcies in the computer industry. D. There are not enough tickets available to concerts of extremely popular performers.
A commercial bank is defined as
A) any institution that accepts deposits. B) a firm that is chartered to accept deposits and make loans. C) the institution that sets regulations for commercial activities. D) a firm that obtains funds by selling shares and then buys U.S. Treasury bills. E) any institution that makes loans.