Tax reduction and simplification should ________ long-run aggregate supply and ________ aggregate demand
A) increase; increase
B) increase; decrease
C) decrease; increase
D) decrease; decrease
Answer: A
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An open economy
A) can save only by building up its capital stock. B) can save only by acquiring foreign wealth. C) cannot save either by building up its capital stock or by acquiring foreign wealth. D) can save either by building up its capital stock or by acquiring foreign wealth. E) can save by avoiding excessive imports.
What is the difference between defensive and dynamic open market operations?
What will be an ideal response?
A country is likely to have investment freedom if the government allows free flow of foreign capital into the domestic economy
a. True b. False Indicate whether the statement is true or false
In the negative income tax framework, a break-even point of $16,000 and a tax rate of 25 percent imply a guarantee of which of the following figures?
a. $4,000 b. $8,000 c. $12,000 d. $16,000