This infrastructure spending is fiscal stimulus.
a. true
b. false
a. true
You might also like to view...
Refer to Figure 5-6. What does D2 represent?
A) the demand curve reflecting marginal social benefits B) the positive externalities curve C) the demand curve reflecting marginal private benefits D) the social welfare curve
One of the social benefits of frictional unemployment is that
a. workers get time off from work. b. economic growth is limited. c. workers move from less to more valuable firms. d. wage rates decrease.
Transfer payments
a. are payments that flow from government to households. b. are not made in exchange for currently produced goods or services. c. alter household income, but they do not reflect the economy's production. d. All of the above are correct.
In calculation of squared forecast errors, an error of +3 yields a loss three times greater than an error of ?1.
Answer the following statement true (T) or false (F)