Which of the following policies will reduce the budget deficit while achieving greater fiscal restraint?
A. Less government expenditure and higher taxes.
B. More government expenditure and higher taxes.
C. Less government expenditure and lower taxes.
D. More government expenditure and lower taxes.
Answer: A
You might also like to view...
Under a piece rate pay scheme where all workers face different upward-sloped marginal cost curves for providing effort,
A. all workers will provide the same amount of effort. B. workers with higher marginal cost curves for providing effort will produce less output than workers with lower marginal cost curves. C. all workers will produce the same amount of output. D. workers with higher marginal cost curves for providing effort will produce more output than workers with lower marginal cost curves. E. all workers will be paid the same amount.
Prior to an expanded child care subsidy program in Illinois, the labor force participation rate of single mothers in Illinois was 45% and in Wisconsin was 48%. After Illinois expanded its child care subsidy program, the participation rate increased to 58% in Illinois and to 51% in Wisconsin. The expanded child care program in Illinois is estimated to increase labor force participation of single mothers by how much according to a difference-in-differences estimator?
A. 7% B. 13% C. 6% D. 3% E. 10%
Which of the following is the most likely to be a fixed factor of production at a farm?
A. The number of workers hired to harvest the crops. B. The amount of water used each day. C. The land on which the farm is located. D. The amount of fertilizer used each week.
Which of the following results in a movement upward along the demand curve for movies?
A) a decrease in the price of movie tickets B) a decrease in income, assuming that movies are a normal good C) a decrease in the price of NetFlix, a substitute for movies D) an increase in the price of movie tickets E) an increase in income, assuming that movies are a normal good