Studies show that __________ households tend to save more of their income than others, and also show that ____________ households save more out of tax cuts than others do.
A. richer; poorer
B. richer; richer
C. poorer; richer
D. poorer; poorer
A. richer; poorer
You might also like to view...
The firm's marginal profit (M?) at the efficient equilibrium is
Consider the following graph of the market for chemical solvents, production of which damages a waterbody used for recreation.
a. EH b. HL c. GK d. DG
The annual rate of growth of commodity output during the Civil War:
a. held constant from the previous decade. b. increased by roughly 25 percent. c. fell by more than 50 percent. d. None of the above is correct.
The rule of 70 estimates how long it will take a country to:
A. double its real GDP per capita. B. achieve zero inflation. C. reach its maximum production capacity. D. double its output.
Joan Robinson, author of The Second Crisis of Economic Theory, is quoted as saying, "Keynes did not want anyone to dig holes and fill them." She is pointing out that
A. As far as stabilization objectives are concerned, the level of spending is the only thing that counts. B. The government should not be interfering in the economy because the jobs created are usually unproductive. C. The content of fiscal policy is as important as its aggregate impact on the economy. D. Keynesian economic policies do not work.