City streets, sewage systems, and police protection are all examples of:
A. public goods.
B. private goods.
C. exclusive goods.
D. rival goods.
Answer: A
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Which of the following tools of monetary policy is used least often?
A) open market operations B) setting the required reserve ratio C) setting the discount rate D) acting as a lender of last resort
If a person makes just a little more than that which would make them eligible for Medicaid and they do not have a job that provides health insurance, their children are likely to be eligible for
A. the Children's Income Fund. B. the Working Poor Health Insurance Cooperative. C. Medicare. D. the Children's Health Insurance Program.
Explain how tax revenue can be both an automatic fiscal policy and a discretionary fiscal policy
What will be an ideal response?
If China's real GDP grew from $7 trillion one year to $8 trillion the next, the annual growth rate would be:
A. 14.3 % B. 87.5 % C. 114 % D. 12.5 %