Contractionary monetary policy refers to an insurance system that makes sure depositors in a bank do not lose their money, even if the bank goes bankrupt

a. True
b. False
Indicate whether the statement is true or false


False

Economics

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Adam Smith noted that when public expenditures are undertake for the general benefit of everyone in a society then _____

a. there is considerable conflict between the benefit principle and the ability-to-pay principle b. there is no conflict between the benefit principle and the ability-to-pay principle c. the benefit principle provides little guide to tax policy d. the ability-to-pay principle provides little guide to tax policy

Economics

Which of the following statements is correct?

a. A minimum wage law will result in less additional unemployment if labor demand is elastic rather than inelastic. b. An in-kind transfer allows a person to use the benefit to purchase whatever they think they need most. c. If a tax policy states that taxes owed equal 1/3 of income less $15,000 . a person earning $25,000 per year would owe $6,666.67 in taxes. d. Welfare reform enacted in 1996 limited the amount of time recipients could stay on welfare.

Economics

A switch from a? pollution-tax policy to a? uniform-reduction policy will shift the supply curve of the polluting product upward and increase the equilibrium price.

A switch from a? pollution-tax policy to a? uniform-reduction policy will shift the supply curve of the polluting product

and

the equilibrium price.

Economics

The price at which marketable pollution permits are sold is set by the government.

Answer the following statement true (T) or false (F)

Economics