From a Keynesian perspective, the way out of a recession includes an increase in government spending, a tax cut, or an increase in transfer payments.
Answer the following statement true (T) or false (F)
True
The fiscal policies available to the federal government for increasing aggregate demand are to increase government spending, decrease taxes, or increase transfer payments.
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Risks faced by multinational corporations include
A) changes in exchange rates. B) restrictions on ownership. C) repatriation of funds. D) cultural and religious philosophies. E) All of the above
Public education is priced below market price largely as a result of
A) government subsidy programs. B) under-funded public education. C) rising test scores by students. D) taxpayers who contribute little to the funding of public education.
A company town in the lumber or mining industry is an example of a
A) monopoly. B) bilateral monopoly. C) buyer's monopoly. D) monopsony.
If the demand for macaroni and cheese decreases as income increases, macaroni and cheese is a(n)
A. substitute good. B. normal good. C. complementary good. D. inferior good.