The set of fiscal policies that would be most contractionary would be a(n):
a. Increase in government spending and taxes
b. Decrease in government spending and taxes
c. Increase in government spending and a decrease in taxes
d. Decrease in government spending and an increase in taxes
d. Decrease in government spending and an increase in taxes
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Always There Wireless is wireless monopolist in a rural area. There are 200 customers, each of whom has a monthly demand curve for wireless minutes of Qd = 200 - 100P, where P is the per-minute price in dollars and Q is the number of wireless minutes. The marginal cost of providing the wireless service is $0.25 per minute. If Always There charges $0.25 per minute and the largest fixed fee that it can, what is Always There's total profit?
A. $30,625 B. $39,375 C. $40,000 D. $35,000
Which organization is committed to lowering trade barriers?
a. the United Nations b. the World Bank c. the World Trade Organization d. the International Monetary Fund
The economic theory of supply assumes that
What will be an ideal response?
An effluent fee
A. is a reward to companies using production methods that create positive externalities. B. is intended to influence the market by increasing supply and decreasing price. C. is also called a pollution subsidy. D. gives a firm the right to pollute if it pays a tax on what it discharges.