One drawback of fiscal policy is the time it takes to enact the legislation necessary to activate it
a. True
b. False
Indicate whether the statement is true or false
True
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A principal cause of the business cycle is the changes in total spending that occur in the overall economy
a. True b. False Indicate whether the statement is true or false
Why does the census data overstate inequality?
a. They overestimate the non cash transfers received by the people from the government. b. They take into account the after-tax incomes. c. They take into account the gifts and transfer receipts from friends and relatives staying abroad. d. They do not consider the in-kind transfers received by the people from the government. e. They overestimate the medical benefits received by the people from the government.
Brazil gives cash payments to its poor citizens on the condition that those citizens' children stay in school. In terms of the determinants of productivity, how might this public policy contribute to higher productivity in Brazil?
Public choice theorists insist that when a person goes from public to private employment, his or her motivations __________ while the institutional arrangements shaping his or her actions __________
A) remain the same; change B) remain the same; also remain the same C) change; also change D) change; remain the same