Deliberate manipulation of government spending and taxes to promote macroeconomic goals is known as _____
Fill in the blank(s) with the appropriate word(s).
discretionary fiscal policy.
Economics
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The formula for the government spending multiplier is
A) (1 + b) / (1 - b). B) -b / (1 - b). C) 1 / (1 - b). D) b / (1 - b).
Economics
Explain the big tradeoff. What idea of fairness has been developed to deal with it?
What will be an ideal response?
Economics
A tax on a good causes the size of the market to increase
a. True b. False Indicate whether the statement is true or false
Economics
The "tragedy of the commons" is most likely to occur with which one of the following goods?
a. A national forest b. A mineral ore deposit c. A public highway d. A groundwater aquifer e. A city park
Economics