Government policies that use taxes and government spending in an attempt to stabilize the economy are known as
a. Trade policy
b. Regulatory policy.
c. monetary policy.
d. fiscal policy.
d
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Exhibit 30-3 Costs of Eliminating:Firm A Firm B Firm C 1st ton of pollution$ 30 $ 50 $ 600 2nd ton of pollution$ 70 $ 90 $ 700 3rd ton of pollution$125 $150 $ 900 4th ton of pollution$200 $250 $1,300 Refer to Exhibit 30-3. Suppose that Firms A, B, and C are the only polluters in the state and that each emits 4 tons of pollution into the atmosphere. To cut the level of pollution in half the government issues two transferable pollution permits to each firm (a cap and trade policy). What is the total cost savings to society of decreasing pollution to half its present level if firm C buys one pollution permit from firm A and one pollution permit from firm B compared to if there were a government mandate for each firm to cut pollution by one-half?
A. $515 B. $1,300 C. $1,380 D. $965 E. $1,025
What ratio defines the standard of living?
A) (Y/N) B) (Y/K) C) (Y/A) D) (Y/Q)
An example of an employer tax credit is the EITC
Indicate whether the statement is true or false
The fact that there are fewer and fewer potential investments that will generate returns high enough to make the cost of paying back a loan worthwhile is reflected in the:
A. downward-slope of the demand curve in the market for loanable funds. B. upward-slope of the demand curve in the market for loanable funds. C. downward-slope of the supply curve in the market for loanable funds. D. upward-slope of the supply curve in the market for loanable funds.