The main tradeoff to be considered when judging pro-growth policies is
a. foregone current consumption versus the current benefits of technological progress
b. foregone current consumption versus the future benefits of technological progress
c. foregone future consumption versus the future benefits of technological progress
d. foregone future consumption versus the current benefits of technological progress
e. government surpluses versus deficits in the future
B
You might also like to view...
The figure above shows an education market in which the government is providing households with vouchers. Excluding the voucher, what do the students pay the schools?
A) $4,000 B) $8,000 C) $12,000 D) $16,000 E) $0
Managers need to enforce property rights inside a firm
Indicate whether the statement is true or false
If the expected inflation rate is 3 percent and banks charge a 10 percent money rate of interest, the real rate of interest is
a. 3 percent. b. 7 percent. c. 10 percent. d. 17 percent.
The idea of the "Invisible Hand" is that people make lifetime consumption plans.
Answer the following statement true (T) or false (F)