Which of the following does not describe governmental policy actions that are helpful in supporting growth in an economy? Governmental policies that
A) avoid playing any role in developing communication systems.
B) facilitate the development of an efficient financial system.
C) provide secure rights to private property.
D) establish an independent court system that enforces contracts.
A
You might also like to view...
Which of the following would cause an upward shift in the consumption function?
a. a stock market crash b. an increase in the price level c. a decrease in disposable income d. a decrease in the price level
When demand is perfectly inelastic, the price elasticity of demand
a. is zero, and the demand curve is vertical. b. is zero, and the demand curve is horizontal. c. approaches infinity, and the demand curve is vertical. d. approaches infinity, and the demand curve is horizontal.
The unemployment rate is the
A. ratio of unemployed to employed workers. B. number of employed workers minus the number of workers who are not in the labor force. C. percentage of the civilian labor force which is out of work. D. percentage of the total population which is out of work.
Which of the following is a reason the inflation rate has stayed at or below 3 percent every year since 1992?
A. The advent of E-commerce, which has added a new layer of competition B. The rise of huge discounters, such as Wal-Mart and Staples C. The rising tide of imported goods D. All of the choices are correct