According to the text, the federal government spends the most taxpayer-provided funds regulating which area of the economy?
A) the environment
B) finance and banking
C) consumer safety and health
D) transportation
Answer: D
You might also like to view...
The points outside the production possibilities frontier are
A) attainable. B) efficient. C) inefficient. D) unattainable.
If workers and firms have rational expectations, they understand that ________ monetary policy will raise the inflation rate, so actual inflation ________ expected inflation
A) contractionary; will be equal to B) contractionary; will be less than C) expansionary; will be greater than D) expansionary; will be equal to E) expansionary; will be less than
A Prisoners Dilemma illustrates the fact that
a. Rational choices can lead to inefficient outcomes b. Rational choices always leads to good outcomes c. Rational choices always lead to inefficient outcomes d. None of the above
Unlike other methods, present value analysis indicates that a project should be undertaken if the NPV is greater than zero regardless the income distribution.
A. True B. False C. Uncertain