The emphasis on the greater incentives to produce, created by lower taxes, has come to be known as:

a. the trickle-down economics.
b. the supply-side economics.
c. the paradox of thrift.
d. the permanent income hypothesis.
e. monetarism.


b

Economics

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The action taken by a country's central bank to prevent balance of payments policies from influencing the country's domestic money supply is called a:

A) fiscal policy intervention. B) monetary policy intervention. C) sterilized intervention. D) non-sterilized intervention.

Economics

"Economics deals with human needs." Do you agree or disagree? Why?

What will be an ideal response?

Economics

The reserve ratio is 20 percent. If the Fed buys $1 million of U.S. government securities and the check is deposited in Bank A, but Bank A increases its vault cash by the entire amount, then the money supply

A) does not increase. B) increases by $800,000. C) increases by $1 million. D) increases by more than $1 million.

Economics

Points inside the Production Possibilities Frontier are

A. associated with some unemployment. B. unattainable. C. both attainable and unattainable. D. attainable.

Economics