Which combination of government policies would be most likely increase labor demand?
a. Increasing subsidies to education and increasing subsidies to businesses for hiring new employees
b. Reducing income tax rates and cutting transfer payments to the needy
c. Raising income tax rates and cutting transfer payments to the needy
d. Reducing subsidies to education and increasing subsidies to businesses for hiring new employees
e. Increasing subsidies to education and reducing subsidies to businesses for hiring new employees.
A
You might also like to view...
A tariff on imported peanuts ________ the quantity of peanuts imported and ________ the domestic price of peanuts
A) decreases; decreases B) decreases; increases C) increases; lowers D) does not change; increases
The Federal Reserve (Fed) was criticized for playing a role in causing the Great Recession. Which of the following criticisms most accurately captures this criticism?
a. The Fed kept monetary policy loose for too long, thereby fueling speculation in the housing market. b. The Fed kept monetary policy too tight immediately after the 2001 recession and then loosened it just prior to the recession, thereby precipitating the crisis. c.The Fed relaxed banking regulations after the 2001 recession, causing banks and other financial institutions to engage in speculative activities for which they were unprepared. d. The Fed encouraged home ownership by putting pressure on Fannie Mae and Freddie Mac.
________ policy focuses on the nation's money supply, while ________ policy focuses on the government's budget.
A. Fiscal; monetary B. Fiscal; structural C. Monetary; structural D. Monetary; fiscal
If the United States were to impose 100 percent tariffs on imports of Chinese shrimp, what would most economists conclude?
A. This decision can be justified by using the national defense argument. B. This decision can be justified by using the infant-industry argument. C. This decision is not justified in terms of economic well-being but may make sense for political reasons. D. This policy is a way to keep foreign producers from being exploited by Americans.