To earn a higher return on the assets in the Social Security trust fund, a suggestion has been made to allow the trust fund to
A) buy government bonds.
B) sell limited partnerships.
C) sell insurance.
D) invest in the stock market.
D
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Which of the following reduces the magnitude of the expenditure multiplier?
A) higher marginal tax rates B) decrease in saving C) decrease in the marginal propensity to consume D) decrease in imports E) decrease in government purchases of goods and services
One of the administrative bodies responsible for initiating actions on behalf of the U.S. government against individuals or companies violating antitrust laws is the
A. Department of the Interior. B. Federal Trade Commission. C. Federal Utility Commission. D. Interstate Commerce Commission.
A unique feature of an monopolistic industry is:
A. Low barriers to entry B. Standardized products C. Diminishing marginal returns D. Mutual interdependence
Policies designed to promote import substitution often encouraged capital-intensive production methods.
Answer the following statement true (T) or false (F)