Supply-side economics focuses on tax cuts to stimulate
A. aggregate supply by increasing production.
B. government spending.
C. household consumption.
D. aggregate demand by reducing saving.
Answer: A
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Which of the following will cause net exports to rise?
a. A depreciation of the domestic currency b. A fall in foreign income c. Higher foreign tariffs on domestic goods d. Inflation in domestic economy e. A depreciation of the foreign currency
The different shapes of the aggregate supply curve:
A. Determine the level of reserves held by the banking system. B. Result in the Fed's need for total control of the money supply. C. Determine the impact of monetary policy on price level and output. D. Explain why the Fed must respond to market instability.
What are the benefits and costs to a nation that participates in international trade? Do the benefits outweigh the costs or do the costs outweigh the benefits?
What will be an ideal response?
Voters are making a choice to spend money on three projects: a dam, a school, or a road. In the choice between the dam and the school, the majority favors the school. In a choice between a dam and a road, the majority favors a dam. In a choice between a road and a school, the majority favors a road. These rankings indicate that majority voting may
What will be an ideal response?