[NeedAttention]
Exhibit 30-2
?
A. Q1ABQ2.
B. Q1AEQ2.
C. CBA.
D. ABE.
Answer: C
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Which of the following items will be included in official U.S. GDP statistics?
A. Robert paying Ted for a haircut in Chicago. B. Money spent to clean up a local toxic waste site in Ohio. C. The dollar value of the annoyance felt by local citizens living near a noisy airport in Georgia. D. Revenue generated by illegal marijuana growers in Oregon. E. Revenue generated by legal medical marijuana sales in California. F. Emily and Rhonda trading an hour of dance lessons for a haircut in Dallas.
In the above figure, the shift from point C to point B might be the result of
A) an increase in the price level. B) a decrease in the price level. C) a decrease in government expenditures. D) an increase in the quantity of money.
Define tax expenditures. What are the costs and benefits to using tax expenditures for social policy rather than direct government expenditures?
What will be an ideal response?
Which of the following federal agencies is NOT engaged in economic regulation?
A) the Federal Reserve B) Federal Aviation Administration C) Food and Drug Administration D) Federal Deposit Insurance Corporation