According to Ricardian Equivalence, consumers may not respond to a tax cut ________
A) if that tax cut is directed solely at upper income groups
B) if that tax cut is directed solely at lower income groups
C) since they understand a tax cut today will lead to a tax increase in the future
D) if they lack patriotic fervor
C
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What is the difference between savings and investment?
What will be an ideal response?
As a result of moving more decision making from the periphery of the organization toward the center, typically
a. the flow of relevant information to the decision maker should be enhanced b. the flow of relevant information from the decision maker should be enhanced c. the incentive structure for the decision maker should be strengthened d. the incentive structure for the decision maker can be eliminated
Macroeconomic statistics include GDP, the inflation rate, the unemployment rate, retail sales, and the trade deficit
a. True b. False Indicate whether the statement is true or false
All else equal, the jobs that are the least likely to be outsourced are those that:
A. can be done by a computer. B. can be broken down into series of well-defined steps. C. do not involve face-to-face contact. D. require face-to-face communication.