It is not clear if a consumption tax will lead to significantly more saving because:
A. Buisnesses will not demand addition investments so rates will be low.
B. It is not clear wheather the typical household will adjust consumption in favor of more savings.
C. House holds will not understand there is an incenetive to save.
B. It is not clear wheather the typical household will adjust consumption in favor of more savings.
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Risk averse individuals will fully insure to avoid risk. ?
Answer the following statement true (T) or false (F)
In Taylor Rule equation, high value of parameter b indicates that
A) Fed cares more about avoiding recessions and high unemployment than about avoiding inflation. B) Fed cares more about avoiding inflation than about avoiding recessions and high unemployment. C) Fed cares more about avoiding recessions than about avoiding high unemployment. D) Fed cares more about avoiding high unemployment than about avoiding recessions.
One major challenge of the Canadian National Health Insurance System is
a. there is more access to medical technology in Canada. b. The population density differences in the country. c. the monopsony power of the Canadian provincial health plans in negotiating fees with physicians' associations. d. the fact that there is no large inner-city population in Canada to drive up costs. e. all of the above.
Which of the following would not be included in the calculation of GDP?
a. Vegetables grown and consumed by a nonfarm family b. The purchase of a new Porsche c. The sale of meat at the local grocery store d. The government purchase of an F-14 fighter plane e. The payment made to an accountant for the preparation of tax forms