Assume that the government is considering different policies to increase total expenditures in order to reduce unemployment. Which of the following would achieve this objective?
a. decreasing taxes
b. increasing government spending
c. increasing transfer payments
d. All of the above are correct.
d
You might also like to view...
Is there a similarity between a monopoly and a monopolistically competitive firm in the long run? Explain your answer
What will be an ideal response?
A cooperative equilibrium results when firms
A) choose a strategy by random chance. B) choose the best strategy regardless of what other players do. C) choose the strategy that minimizes the payoff to other players. D) choose the strategy that maximizes the total game payoff.
Coco chocolate manufacturers recently decided to "gift" one of its retailers a refrigerator. Why would it want to do that?
a. To ensure the retailer knowledge of their generosity b. To ensure the retailers knowledge of their quality c. To ensure the freshness of the product that reaches their consumers d. To ensure the retailers decrease in price
The law of comparative advantages explains why
a. advanced nations will not trade with less-developed countries. b. an advanced nation will not trade with other countries. c. less-developed countries only trade among themselves. d. nations trade with each other, regardless of their relative levels of economic development. e. nations erect trade barriers.