___________ policies of the government can cause recessions.
A. Defense spending
B. Inflation-fighting
C. Poor market-based
D. Welfare
Answer: B
You might also like to view...
A cartoon in the text says that while the economy has been expanding, the share of income to blacks and poor whites has decreased. This implies that the
A. Tax elasticity of supply is greater. B. Level of income inequality has decreased. C. Gini coefficient is smaller. D. Area between the Lorenz curve and the absolute equality line has increased.
Which of the following institutions is responsible for supervising the banking system of the United States?
A. The Federal Reserve System B. The Open Market Committee C. The U.S. Treasury D. The Federal Deposit Insurance Corporation
The actual exchange rate of the real, Brazil's currency, is 2.40 real per U.S. dollar. According to the PPP estimation, the exchange rate should be 1.20 real per U.S. dollar. This implies that the real is:
A. undervalued by 50 percent. B. overvalued by 20 percent. C. undervalued by 20 percent. D. overvalued by 50 percent.
All of the following are key features of the federal government's new national health care program EXCEPT
A) people must either purchase health insurance or pay a fine to the federal government. B) a young person in good health can opt not to purchase health insurance without penalty. C) firms with at least 50 employees must either provide health insurance or pay fines when uninsured employees receive tax subsidies to purchase insurance. D) government-directed exchanges will assist in matching individuals and small businesses with health insurance policies that satisfy government requirements.