Which of the following could be considered a goal of policy to address poverty and inequality?
A. Economic development
B. Safety nets
C. Redistribution
D. All of these are goals of policy to address poverty and inequality.
D. All of these are goals of policy to address poverty and inequality.
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In what sense is tariff escalation protectionist? What alternatives exist for remedying this problem?
What will be an ideal response?
Which of the following was NOT used to finance the Civil War (1861–1865)?
(a) Taxation (b) Borrowing (c) Printing money (d) Large voluntary contributions from individuals opposed to slavery
Something that provides utility is called a
A) good. B) bad. C) want. D) need. E) a and d
Suppose the economy is in a recessionary gap. In the absence of any policy intervention, the short-run aggregate supply curve will eventually shift:
A. down (to the right), causing the price level to fall and output to fall. B. down (to the right), causing the price level to fall and output to rise. C. up (to the left), causing the price level to fall and output to rise. D. down (to the right), causing the price level to rise and output to fall.