Which combination of government policies would be most likely to increase labor supply?
a. Increasing income tax rates and cutting transfer payments to the needy
b. Decreasing income tax rates and cutting transfer payments to the needy
c. Decreasing income tax rates and increasing subsidies to businesses for hiring certain kinds of workers
d. Increasing income tax rates and cutting subsidies to business
e. Cutting transfer payments to the needy and increasing subsidies to business
B
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The present value of a payment K that is schedule to be received t periods from now is
A) K - i / (1 + i)t. B) K / (1 - i)k. C) K / (1 + i)t. D) K / (K + i)t.
Other things being equal, an increase in the rate of interest causes a(n):
A. upward movement along the demand for money curve. B. downward movement along the demand for money curve. C. rightward shift of the demand for money curve. D. leftward shift of the demand for money curve.
________ is gross investment minus ________
A) The capital stock; net investment B) The capital stock; depreciation C) Depreciation; replacement investment D) Net investment; depreciation
Most canals were economic failures
Indicate whether the statement is true or false