Farah is a policymaker for the government. If her goal is to increase the equilibrium quantity of loanable funds while raising real interest rates, what type of program should she pursue?
a. eliminate a saving incentive
b. enact an investment tax credit
c. eliminate an investment tax credit
d. enact a saving incentive
b. enact an investment tax credit
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In some countries in Sub-Saharan Africa real GDP per person has been stagnant for many years
a. True b. False Indicate whether the statement is true or false
Which of the following statements is correct?
a. Neither economic theory nor evidence from the U.S. economy suggests that there is a close link between productivity and real wages. b. Economic theory suggests that there is a close link between productivity and real wages, but evidence from the U.S. economy fails to confirm that link. c. Evidence from the U.S. economy suggests a close link between productivity and real wages, but economic theory provides no basis for such a link. d. Both economic theory and evidence from the U.S. economy suggest that there is a close link between productivity and real wages.
Programs that require people to pay into a common pool and are in turn eligible to draw on benefits under certain circumstances are called:
A. equitable payment programs. B. social insurance programs. C. common insurance programs. D. social benefit programs.
Insofar as government public policy is concerned, the best way to battle unemployment would be __________________.