The weaker economies in the European Union were forced to _____to be eligible to receive bailouts.
A. decrease spending and taxes
B. increase spending and taxes
C. decrease spending and increase taxes
D. increase spending and cut taxes
Answer: C
You might also like to view...
If the Fed allows the federal funds rate to fall well below the rediscount rate it is likely that the Fed will
A) lower the rediscount rate and increase c, the proportion of demand deposits held as cash. B) raise the rediscount rate. C) increase loans to banks. D) decrease loans to banks.
Which of the following describes the relationship between the marginal product of labor and marginal costs?
a. Marginal product and marginal costs rise and fall in sync. b. When marginal product is rising, marginal costs are falling. c. Marginal costs must be known to figure marginal product. d. Marginal product equals change in marginal cost divided by output.
Which of the following statement is FALSE?
a) disposable income - saving = consumption expenditure b) consumption expenditure + saving = disposable income c) saving = disposable income - consumption expenditure d) consumption expenditure = saving - disposable income
An individual's ________ surplus is the area ________ the ________ curve and above the ________ up to the quantity ________
A) consumer; under; demand; market price, the consumer buys. B) producer; under; supply; market price, the producer sells. C) consumer; above; supply; choke price, the consumer buys. D) producer; supply; under; choke price, the producer sells.