Dictatorships, whether stable or unstable, always have longer time horizons than U.S. presidents

a. True b. False


b

Economics

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Suppose the public increases the level of savings in anticipation of higher future taxes to service the national debt. This is an example of

A) Reaganomics. B) Ricardian equivalence. C) Smithsonian equivalence. D) Monetary equivalence.

Economics

The security provided by the federal government on money in banks is called

A) deposit insurance. B) a hedge fund. C) Social Security. D) investment equity.

Economics

Of the following OECD countries, which spends the most on health care when measured as a percentage of GDP?

A) the United Kingdom B) Japan C) Canada D) the United States

Economics

The graph depicts a monopolistically competitive firm.Refer to the above graph representing an individual firm. In the short run, this monopolistically competitive firm will set price at:

A. $50 and produce 35 units of output. B. $50 and produce 50 units of output. C. $65 and produce 35 units of output. D. $65 and produce 45 units of output.

Economics