The balanced budget multiplier is always equal to 1
a. True
b. False
Indicate whether the statement is true or false
True
You might also like to view...
A ________ makes investment in established businesses which are publicly traded and takes them private
A) sovereign wealth fund B) capital buyout fund C) hedge fund D) venture capital fund
The marginal cost of additional health care when there are copayments is zero
a. True b. False
Experimental effects, such as the Hawthorne effect,
A) generally are not germane in quasi-experiments. B) typically require instrumental variable estimation in quasi-experiments. C) can be dealt with using binary variables in quasi-experiments. D) are the most important threat to internal validity in quasi-experiments.
The Coase theorem reminds us that efficiency is all about ____________________ and says nothing about ______________________.
A. maximizing total surplus; the distribution of that surplus B. equitably distributing surplus; maximizing that surplus C. who gets the most surplus; whether that's a fair outcome D. None of these statements is true.